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Things worth reading: 27th January 2010

Things we're reading today include:

Special Report: Global Financial Outlook: The London Banking Center Is Beginning to Feel Like Itself Again.New York Times
"As bankers and traders in London wait nervously for regulators to lay out a set of post-crisis rules for the industry, the real threat to their global pre-eminence is likely to come from elsewhere.
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Jason Alden/Bloomberg
Adair Turner, chairman of the Financial Services Authority.
The rapid growth of emerging economies in Asia means neither London nor New York may be able to hold on for long to the unofficial status of the world’s most important financial center, a title they spent much of the past decade tussling over, analysts say."

The outspoken Mr. King


China Raises Bank Reserve Rules, Starting Stock Sell-OffNew York Times
Davos Summit 2010: Banks must get real on profits, says WEF reportThe Independent

Quote of the Day:

"Airport security is about as effective as a condom with a hole."

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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...

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