Chris Skinner's blog Shaping the future of finance
Things we're reading today include …
UK:
Lloyds and RBS: Planning for Europe's biggest privatisations (Independent)
UKFI to publish strategy for banks (Telegraph)
Sir David Walker to shake up bank boards (Telegraph)
Banks to oppose Walker’s governance reforms (Independent)
Letters reveal UK's battles with Iceland over bank crisis (Telegraph)
UK can't afford another fiscal rescue, warns IMF (Telegraph)
Boosting bank capital is not enough to avert crises (Times)
Europe:
SmartPool signs 14 clients to ‘dark pool’ (Financial Times)
CESR plans to tighten rules for short selling (Financial Times)
USA:
CIA hires Wall Street talent (Times)
Goldman Sachs bankers defy gloom with bonus bonanza (Times)
Morgan Stanley unveils $250m securitisation (Financial Times)
UBS cannot comply with U.S. request to disclose account holders' information (Reuters)
General:
Banking crisis is 'over', according to Barclays Chairman (The Straits Times)
Quote of the Day:
"You can't expect a bank that is dumb enough to sue itself to know why it is suing itself."
Fox News about Wells Fargo
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