Things we're reading today include ...
Today's must read:
Reforming banks: a roundup of current proposals on how to make them smaller - The Telegraph
How to reshape the world's banks will dominate this year. Here Banking editor
Philip Aldrick looks at current proposals on taxing banks and splitting them
up.
Companies
Coutts remains the crème of private banking - The Telegraph
Swiss Justice Minister warns UBS over tax row - The Times
Royal Bank of Scotland to pay top talent 'cash bonuses'
- The Telegraph
Goldman Sachs and the $100 million question - The Times
Gorman (CEO, Morgan Stanley) aims to strike a balance - Financial Times
Regulations
Warning of new housing crash because FSA's reform plan is too weak - The Times
Treasury says banks need to do more - The Telegraph
The elephants in the room tiptoed out of Davos - The Times
First sign of 'common ground' on bank rules - The Independent
Economy
Bank of England faces dilemma on future of QE - The Independent
Obama unveils $3.8tn US budget - BBC
Quote of the Day:
'He was so drunk, "he thought he had been dozing in his home."'
Rip Torn Heading to Rehab Following Alleged Boozy Bank Break-In - E! Online
And the news video if you missed it:
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...