Things we're reading today include ...
Taxing banker's bonuses
Bonus windfall tax - Financial Times
City in uproar at plan for bonus 'supertax' - The Independent
Pre-Budget report: I am determined to protect the City, says Darling - The Telegraph
Banks criticise windfall tax plan - BBC
Alistair Darling: Bankers must pass 'neighbour test' - The Times
A tale of two bailouts
UK banking bail-out 'justified' - BBC
Taxpayers insure £170bn of RBS’s toxic assets outside of Britain - The Times
'Sometimes I think, was it real?' The American bailout nightmare - The Times
Bail-out of US banks will cost $200bn less than predicted - The Telegraph
Other news
Michel Barnier seeks to defuse EU banks row - The Telegraph
PayPal copies Apple’s iPhone recipe and allows others to join the party - The Times
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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...