Things we're reading today include ...
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Today's must read:
"It is a very
great pleasure for me to address you today at this event marking the
official 'SEPA Direct Debit Launch' ... today is a
historic day for SEPA Direct Debit payments and a watershed in the
further development and progression of the SEPA project. As of 2
November, it will be possible to execute the first SEPA Direct Debits."
Speech by Charlie McCreevy, European Commissioner for Internal Market and Services, at the
SEPA Direct Debit Launch Event in Brussels, 13
October 2009
Goldman Sachs
Goldman Sachs 2009 bonuses to double 2008’s; $23 billion (Raw Story)
Wall St mixed after Goldman downgrade (Financial Times)
Goldman Sachs ponders $1bn charity donation (Telegraph)
Ex-Goldman banker's posh pad for sale (Business Week)
Bear Stearns ex-managers on trial (BBC)
Other Companies
Lloyds faces £1bn ‘break fee’ (Financial Times)
RBS seeks to attract small firms (BBC)
Royal Bank of Scotland may be told to sell 300 branches (Times)
E-Mail Shows Concerns Over Merrill Deal (New York Times)
J.P. Morgan third-quarter earnings preview (Business Week)
Is Citi shooting itself in the foot? (Business Week)
Is Kiva Misleading the Public? (Tactical Philanthropy)
Markets
EU pushes for payments system end-date (Financial Times)
Japan banks hit by JAL debt waiver report (Market Watch)
Technology
Surge in site interactivity among Swedish banks (Mapa)
Washington Post Says Use Linux To Avoid Bank Fraud (Slashdot)
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Quote of the Day:
“If you think about it, it doesn’t need the //. I could have designed
it not to have the //.”
TIm Berners-Lee on why internet addresses start with www://
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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...
