Things we're reading today include ...
Barclays and HSBC Q3 Results
Barclays pays dividend again as HSBC says worst is over (Independent)
HSBC and Barclays suggest the ‘biggest jolt has passed’ (Times)
BarCap spoiler at the Barclays party (Financial Times)
How much will Barclays dare pay in bonuses? (Guardian)
HSBC fears Lloyds and RBS sales exclusion (Financial Times)
Goldman chief defends employees' pay (Financial Times)
Prosper Takes Debt Financing Bridge at 15% interest (P2P Lending News)
UK banks split into two tiers (Financial Times)
Single US banking regulator proposed (Telegraph)
The Effect of Card Acceptance on Sales: The Case of Taxicabs in New York (Catalyst Code)
The Greatest Trade Ever: How John Paulson made $15 billion in a single year (Newsweek)
Commentary
Banks have a 'socially useful' role to play (Telegraph)
Transparency is the new black in banking (Better Banking Blog)
Quote of the Day:
"The Berlin Wall could not have come down were it not for the vision of Erich Honecker in putting it up in the first place."
GDR Press Release, 1989
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...