Things we're reading today include ...
Today's must read
"Ulster bank offered college students in the Republic free tickets to a strip
show as part of a promotion to encourage them to open new bank accounts. However, following an outpouring of anger from parents, the bank was last
night forced to withdraw from the exotic dancing event."
Former bank director guilty of insider dealing (Times)
Top US banker criticises bonuses
(BBC)
Goldman Execs Blame Anti-Semitism (Daily Beast)
Bank of America denies misleading shareholders (Independent)
How The Federal Reserve Bought The Economics Profession (Huffington Post)
US watchdog 'regret' over Madoff
(BBC)
Major Banks Still Grappling With Foreclosures (National Public Radio)
Quote of the Day
"A 477-page report by the inspector-general of America's Securities & Exchange Commission (SEC) concluded there were systemic breakdowns in the agency's oversight of Bernard Madoff."
The Economist (add to the no-sh*t sherlock files)
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...