Things we're reading today include ...
- Turner: Cost of bank bailout was small compared to instability - The Independent
- FSA: Starting over on protecting consumers - The Independent
- Washington aide ‘has changed mind’ over proprietary trading - The Times
- 'Robin hood' bank tax wins backing of Japanese foreign minister - The Telegraph
- Turner hints prop traders will escape ban - The Times
- Soros hedge fund bets on demise of the euro - The Independent
- Contactless card limit up to £15 - BBC
- AIG to use Asian sale proceeds to pay off state debt - The Telegraph
- Regulator 'seduced' by boom years - BBC
- Barnier refuses to back down in EC battle with hedge funds - The Independent
- SEC's new short selling rules 'threaten liquidity' - Financial Times
- UK banks see surge in bad debts - BBC
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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...