Things we're reading today include ...
Today's must watch:
Joe Garner of HSBC speaks about Trust in Banks at the launch of the
Edelman Trust Barometer last year.
Download this year's report ...
Regulators
Turner orders tougher bank stress tests - Financial Times
FSA tells banks to stress-test for two more years of
recession - The Times
Commercial property may cause new crisis, says FSA -
The Independent
Financial Services Authority to tighten watch on rogue
products - The Times
Markets must be able to punish offenders, Lord Myners
says - The Telegraph
Plans to make banks reveal salaries over £500,000 -
The Independent
Europe eyes ban on CDS contracts used against Greece
- The Telegraph
Companies
Former Cazenove banker found guilty of insider dealing
- The Independent
Smaller losses at Northern Rock - BBC
Barclays' shareholders warn bank against deal for a US
retail bank - The Telegraph
Quote of the Day:
"The Prince Charles Cinema in Leicester Square is showing Michael Moore's
documentary Capitalism: A Love Story next week and is so concerned
about the plight of our poor City folk that the first 50 bankers at each
screening can get it in for free."
Business Diary: Free cinema tickets for suffering
bankers - 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...