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Things worth reading: 23rd November 2009

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Things we're reading today include ...

Today's must read:

"Goldman Sachs Group Inc., which got $10 billion and debt guarantees from the U.S. government in October, expects to pay $14 million in taxes worldwide for 2008 compared with $6 billion in 2007."

Goldman Sachs’s Tax Rate Drops to 1%, or $14 Million (Bloomberg)

Regulations

Bankers are forced to disclose pay
- The Times
Sir David sharpens his bank reforms - The Independent
Walker tells bank investors to be more involved - The Telegraph
Bank of England starts debate on lending surcharges - The Telegraph
Bank customers in line for £6bn refund of overdraft charges - The Times
Britain's bank bailout may have broken rules says WTO - The Telegraph
Regulator's torch to light up dark pools - Financial Times
Brussels warns on accounts rules - Financial Times

Markets

Soul-searching has much further to go - Financial Times


Quote of the Day

"We can't make the loan and we can't get a credit score because you're deceased."
Sorry, No Mortgage: Experian Says That You're Dead
(Consumerist)


 

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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...