Things we're reading today include …
Today's must read:
Chinese Leader Offers a Glimpse of the Future – New York Times
China gave the world a glimpse of the next generation of Chinese
leaders on Thursday when Li Keqiang, widely expected to be the next
prime minister, vowed that his country would act swiftly to shift from
an over-reliance on exports toward greater domestic consumption.
But, in a half-hour speech at the World Economic Forum
here, he carefully avoided any mention of the issue that was foremost
on the mind of many in the audience: the undervalued Chinese currency.
Alistair Darling dismisses Obama plan to break up banks as ineffective – The Telegraph
Fed chief Bernanke gets second term – BBC
Deutsche Börse to axe jobs – Financial Times
JPMorgan to launch global corporate bank unit – Financial Times
In Sweden, Banks Differ on Paying Bonuses – New York Times
India banking reforms focus on Islamic finance – Financial Times
Global Leaders Struggle With Bank Regulation – New York Times
Global banks still refusing to lend – The Telegraph
$1bn task: how global leaders would spend $1bn – BBC
Robert Peston: the private thoughts of bankers – BBC
Quote of the Day:
"Women are saying the name evokes awkward associations with feminine hygiene products."
For Apple, iPad Said More Than Intended – New York Times
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