Things we're reading today include ...
Bonuses
Banks told to comply on bonuses or lose UK banking licences in shock FSA ultimatum - The Telegraph
Multimillion-pound payments at Credit Suisse will escape bonus tax - The Times
Volcker
US to measure banks' trading volumes - The Times
Paul Volcker defends curbs on proprietary trading amid Republican dissent - The Telegraph
'Pass my plans or I'll come back to haunt you,' says Volcker - The Independent
Citigroup set to sell part of investment arms - Financial Times
MPs fly out to meet American financial leaders - The Times
Countries
Germany threatens to use bank data in tax crackdown - The Telegraph
Threat to City of London as EU Parliament seeks to whittle away power to veto - The Telegraph
Bleak mood among new EU states - BBC
A Glimpse Into the History of Top 10 Banks of the U.S. - Global Thoughtz
Technology
Mobile banking at Davos: “we know this train is coming” - CGAP
How Big Is Mobile Banking’s App-etite? - Celent Blog
Quote of the Day:
"On behalf of our viewers, we have expressed our concern to Macquarie. They have assured us they are taking the appropriate action."
Mac Banker busted ogling at naked woman during live TV, the Age
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...