Things we're reading today include …
UK Bank Breakup
Taxpayers hit for £28.7bn more amid banks break-up (Independent)
RBS to axe 3,700 ahead of EU carve-up plan (Independent)
Lloyds and RBS cut down to size (BBC)
Darling hails Lloyds and RBS move (BBC)
Darling defends bank reforms and £39bn infusion as good value (Guardian)
RBS and Lloyds and the future shape of British banking: a Q&A (Telegraph)
Bonus ban is price for extra taxpayers' cash (Independent)
Companies
Fed tells Barclays to restrict bonuses (Telegraph)
SEC in Settlement Talks With BofA, UBS: Report (ABC News)
UBS reports 3Q net loss of $542 million (Kentucky)
How Goldman secretly bet on the U.S. housing crash (McClatchy)
MasterCard Reports a Profit as More People Pay With Plastic (Bloomberg)
Investing in innovation at Google (Google Blog)
Markets
Global Finance: Britain Is No. 1 (Business Week)
Single Euro Payments Area (SEPA): cross-border direct debits now a reality (Europa)
What’s Next: The Bulletproof Interview – Karen Tyson on Community Banks (Bulletproof blog)
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