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Things worth reading: 23rd February 2010

Things we're reading today include …

Today's must read:

Goldman admits helping Greece 'fiddle books' to conceal
public debt
The Telegraph

Addressing the influential Treasury Select Committee, Gerald Corrigan, a
Goldman Sachs managing director, accepted that the investment bank had
"enabled
politicians to mask borrowings" through a complex currency transaction
in 2001.

 

People

Stanley Fink to step down as Tories' co-treasurer
The Times
Hite set to link with UK manager FinkFinancial Times

Companies

RBS and Lloyds to reveal losses amid storm over bonuses
The Independent
Lloyds boss to waive £2.3m bonusBBC
St James's Place puts pressure on Lloyds to sell stake
The Telegraph
LSE reduces trading costs for large customersFinancial Times
It may be imperfect, but UKFI has a role to play
The Telegraph

Markets

Bank charges face new challengeBBC
Spending cuts must be spelt out to save stumbling
sterling
The Times
Germany manoeuvres to win control of the euroThe Times
European banks 'need €240bn a year in fund-raising'
The Telegraph
European banks face showdown over €1 trillion of debt
The Telegraph

Commentary

Sheep that went astray are back in the foldThe Times
Banks have paid their pound of flesh, now the
pillorying must stop
The Telegraph

 


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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