Things we're reading today include ...
Today's must read
"There are few in the battered world of banking and finance who still
profess to be 'a fan' of Sir Fred Goodwin, the discredited former Royal
Bank of Scotland chief. Not out loud, anyway. Benny Higgins can afford to be. Over the past year, he has watched
his former employers, RBS and HBOS, struggle for survival from the
comfort of Tesco Personal Finance."
Business big shot: Benny Higgins, Tesco Personal Finance
(Times)
Companies
Return of $9bn Lehman claims delayed
(Financial Times)
My PayPal credit card beef, Part II: PayPal responds
(ZDNet)
Pace of HBOS decline 'unexpected' (BBC)
Spain’s BBVA acquires Guaranty
(Financial Times)
Economies
Eurozone economic recovery leaves UK trailing
(Independent)
Fed's Ben Bernanke says global economy 'beginning to emerge' from recession (Telegraph)
World Bankers Suggest Rebound May Be Under Way (New York Times)
City regulator 'spot-checking' bankers' pay deals
(Times)
Wall Street ponders pay czar's move on bonuses
(China People's Daily)
The Top 10 Things We're Glad the Recession Killed
(Spike)
Photos: Social media facts businesses cannot ignore (Computer Weekly)
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...