Things we're reading today include ...
Today's must read:
Lawyer who conned £7m from bank spent millions on luxuries (Times)
O
King calls for break-up of banks (Financial Times)
Mervyn King calls for banks to be split (Times)
Mervyn King: bank bail-outs created 'biggest moral hazard in history' (Telegraph)
Qataris sell Barclays stake for £615m profit (Financial Times)
Sainsbury takeover talk fuelled by Qatari share sale (Guardian)
Goldman Sachs vice-chairman says: 'Learn to tolerate inequality' (Telegraph)
City bonuses will soar to £6bn, says thinktank (Guardian)
Bankers warn on hasty approach to new rules (Financial Times)
Women in the City (Telegraph)
Europe Finance Chiefs Back U.S. Strong-Dollar Stance (Bloomberg)
Brussels extends ABN Amro deadline (Financial Times)
Announcing Alternative Payment Method from Checkout by Amazon (Amazon Blog)
Quote of the Day:
"Never has so much money been owed by so few to so many."
Mervyn King, Governor of the Bank of England
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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...
