Things we're reading today include ...
UK Budget
Budget 2010: A basic bank account for every adult -
The Times
Budget 2010: New bank licences easier to come by - The Telegraph
Budget 2010: Bank bonus tax could net Treasury £2bn,
E&Y says - The Telegraph
Budget 2010: State banks to provide £105bn of credit
- The Telegraph
Companies
Northern Rock and Bradford & Bingley to merge -
The Telegraph
RBS unveils £1bn boost to balance sheet - The Telegraph
JP Morgan in line for huge windfall after tax break
claim - The Independent
Tullett Prebon signs deal with MillenniumIT - Financial Times
ICAP's Michael Spencer 'bloodied' by equities unit
closure - The Telegraph
Regulations
Banks: It's payback time for Britain's banks - The Independent
Brokers are spared bonus tax - The
Times
Markets
‘Inside deals’ executive advised the Treasury on bank
rescue - The Times
Euro dragged down after credit agency takes swipe at
struggling Portugal - The Times
The great global trade war and why it didn’t happen
- The Times
Financial crisis tale to make the blood boil - Financial Times
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...