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Things worth reading: 9th June 2009

Things we're reading today include …

Lloyds Banking Group boosts Brown with Β£2.3bn bailout
Lloyds to close Cheltenham & Gloucester branches (Telegraph)
Standard Chartered's traditional approach pays off  (Telegraph)
BlackRock nears $13bn BGI deal (Financial Times)
Citi confirms plan to raise $33bn (Financial Times)
GM and Citigroup drop out of Dow (BBC)

Scottish economy will not recover until 2011 (Telegraph)
S&P cuts Ireland's credit rating as concern grows over
soaring cost of rescuing banks
Latvia budget cuts ease fears of Sweden's nervous banks (Times)

IMF tells Europe to come clean on bank losses (Telegraph)
World Bank boss sees China spurring global recovery (South China Morning Post)

In Ads, Banks Try the Warm, Cozy Approach 
(New York Times)

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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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