Things we're reading today include ...
Spat of the Day:
Downing Street unleashed Hell against me over economy,
says Darling - The Times
Gordon Brown: I didn't unleash 'forces of Hell' on
Alistair Darling - The Times
Companies
RBS set to announce £5bn losses - BBC
Green light given for RBS banker bonuses - The Independent
Big rise for HSBC boss 'blocked' - BBC
Bern to propose UBS tax settlement - Financial Times
Goldman Sachs's mistake is its failure to understand
the anger towards it - The Telegraph
Economies
Barack Obama's plan to break up the banks could be
watered down - The Telegraph
Fed boss wants 'fiscal exit' to cut debt - The Independent
US stocks bounce on promise of low interest rates -
The Times
Hong Kong economy 'to grow 5%' - BBC
World trade suffers biggest drop since 1945 - The Times
Markets
'Worthless' bankers bonuses now worth $5bn - BBC
Show hedge funds a little love - Financial Times
Banks facing long road back to recovery - The Independent
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...