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Things worth reading: 20th October 2009

Things we’re reading today include …

Today’s must read:

The Future of Finance
A new series in the Financial Times looking at the lessons learnt from the financial crisis and how the financial industry is adapting.

Companies

RBS pays £5m for 11 bankers (Telegraph)
Bank of America tried to lower offer for Merrill Lynch ahead of takeover (Telegraph)
PwC fees mount to £154m in Lehman wind-up (Financial Times)
DSB bankrupt after sale failure (BBC)
Announcing the Goldman Project (Gawker)

Markets

Bernanke cautions on risks from imbalances (Times)
Parliament opens enquiry into financial crisis (Euractiv)
Iceland to Pay Back Lost Deposits (Business Week)
Do moustachioed men really make more moolah? (Wallet Pop)

People 

Bob Diamond rejects chance to swap Barclays for Band of America (Times)
Lindsay Tomlinson: realism on governance (Financial Times)
Financier Nicholas Levene breaks silence (Telegraph)

Technology

Twitter co-founder’s ‘Square’ comes into focus (CNET)
Step inside the laptop bank (Kiwanja)

Quote of the Day

“I’m dead if this leaks. I really am . . . and my career is over. I’ll be like Martha f***ing Stewart.”
Danielle Chiesi who worked for New Castle Funds LLC, a former Bear Stearns affiliate, accused of insider trading

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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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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  • susannah

    Love this blog and read it regularly. you should also look at the Threadneedle blog as there are obvious parallels – http://ccd.investormatrix.com/threadneedle – Leigh Harrison posts really well with good incisive comment. Will draw his attention to this blog.