Things we're reading today include ...
Markets
UK bank start-ups in talks to buy societies'
subsidiaries - The Telegraph
Hedge funds buying equities at fastest pace since 2007
- The Telegraph
President Barack Obama’s finance reforms ‘the most
important in generations’ - The Times
Top US banks face $30bn of mortgage losses, warns
CreditSights - The Telegraph
China bank lending falls sharply - BBC
Iceland 'negligent' over banks - BBC
Companies
Citi and Credit Suisse reveal Q1 dark pool numbers
- Financial Times
Chi-X's Asia plans may include HK and Seoul - Financial Times
UBS records its biggest profit in three years - The Times
Washington Mutual was failed by regulators' engrossed
in
a turf war, report - The Telegraph
Microsoft unveils KIN phones to target social
networking generation - The Times
People
Tories name men to lead break up of FSA if they win
power - The Independent
Banker Bob Wigley raises funds for film adaption of Len
Deighton's Bomber - The Telegraph
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...