Things we're reading today include ...
Today's must read:
Financial Services Firms Ban Facebook
- Advanced Trading
According to a survey of 600 global companies carried out by security firm Sophos, 50 percent of companies ban their employees from accessing Facebook.
Companies
Four directors at John Paulson's European arm net £50m betting on bank woes - The Telegraph
Coutts offices put up for sale - The Telegraph
Iceland
Iceland in the age of austerity - The Independent
S&P puts Iceland's ratings on negative credit watch - The Telegraph
Bonuses
Government's 50pc tax unlikely to stop this year's bonuses - The Telegraph
UK Treasury to cash in as bonus tax fails - Financial Times
Payments
The End of Checks in the US? - Celent
Mobile money beats credit cards in the retail market - Business Daily Africa
Markets
Research warns of need to lift bank deposits - Financial Times
2009's Biggest Financial Scandals - Forbes
Quote of the Day:
"Wait, what's that? Some economists are predicting another lost decade? Aw, crap."
Infographic of the Day: Our Lost Decade - Fast Company
The Financial Services Club is sponsored by:
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...