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Things worth reading: 5th August 2009

Things we're reading today include …

StanChart unveils $1.6bn fundraising (Financial Times)

HSBC chairman Stephen Green says 'worst of crisis over' 
Angry, depressed and in debt: customers blast Barclays and HSBC (Times)
HSBC says it wants to lend but businesses won't borrow 

UBS posts seventh loss in two years 
UBS reports yet another big loss 

Kaupthing loan book details culture of the collapsed bank (Telegraph)

How do you sink bankers' yachts? Give banks some proper competition
Forecasters blindfolded over banks’ fate 
Banks defend bonus culture as profits jump (Guardian)

Pressure grows on Bank as money supply falls 
EU hedge fund proposals threaten pension funds 
(Financial Times)

Is now the time to buy bank shares? 


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About 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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