Things we're reading today include ...
PayPal Makes a Bid for Student Banking (Wall Street Journal)
Citigroup hires consultants to review management team support (Telegraph)
Merrill ramps up recruitment programme (Financial Times)
How Morgan Stanley landed a sweeter deal than Goldman Sachs from Uncle Sam (CNN)
Ministers consider legislation to rein in bank bonuses (Financial Times)
If banking reform falters, there's always the repay-your-bonus scheme (Telegraph)
Iceland appeals to British and Dutch for understanding over Icesave repayments (Telegraph)
Eurozone data raise hopes for recovery (Financial Times)
Study finds ID scheme cancellation could save £3.1bn (ZDNet)
I scream, you scream, we all scream for iGoogle social! (Google Blog)
Quote of the Day
"Forrester Research found that 15 percent of Japanese
mobile phone users make payments and purchase products in stores with
their phones."
Wallet of the future? Your mobile phone (CNN)
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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...