Things we're reading today include ...
Bonuses
UK and France 'agree on banking' - BBC
EU nations get behind super-tax on bonuses - The Times
Tax on bankers’ bonus ‘would infringe human rights’ - The Times
No cash bonus for Goldman bosses - BBC
Tobin Tax
EU calls for tax on bank trades - BBC
Not time for Tobin - The Times
Companies
ING to repay €5bn Dutch government loan - Financial Times
Citigroup sounds out investors on $15bn cash call to repay bail-out - The Independent
Lehman Brothers' Dick Fuld, Jeremy Isaacs and Roger Nagioff 'return' - The Telegraph
General
Britons may be £1.45trn in debt but they are worth £9trn, says ONS study - The Independent
FSA proposes extra £32.6bn capital buffer for UK banks - The Telegraph
We need bankers more than they need us - The Times
Bankers will follow the money - Financial Times
War on greed - Financial Times
Islamic economics - BBC
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Quote of the Day:
"I came to Dubai to find out if it really is all it's cracked up to be, and the answer is if you like sun and fun, glitz and glamour - a resounding 'yes'. As for the credit crunch, eveyone I have met here says the same thing: Dubai won't just sruvive, it will thrive."
Piers Morgan, ITV, January 2009
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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...