Things we're reading today include ...
Lord Turner keeps heat on bankers with further attack
(Telegraph)
Financial system is on the mend, says FSA leader
(Independent)
Banks 'must restore public trust' (BBC)
Banking fees 'incomprehensible' (BBC)
Bank of America backpedals on overdraft fees (ABC)
Lloyds directors leave as Sir Win reshuffles board
(Telegraph)
No targets set for bank sales, insists UKFI
(Independent)
UK economy 'faces tough recovery'
(BBC)
Germany facing 'muted' recovery
(BBC)
World Bank lends $4.3bn to India
(BBC)
US senator plans radical regulation rethink
(Financial Times)
60% living paycheck to paycheck (MSN Money)
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Quote of the Day
“Everything in the past died yesterday, everything in the
future was born today.” – Chinese proverb courtesy Dan Tefft
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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...