Things we're reading today include ...
Three headlines today relate to Goldman Sachs results, more on the implications of the Lehman Brothers collapse and recommendations for a new bank tax regime from the IMF
Goldman Sachs
Record profit for Goldman as it comes out fighting on
fraud charges - The Independent
Goldman Sachs: Surprise! The banks want to make money
- The Telegraph
London trader suspended as FSA strikes - The Independent
SEC comes to aid of 'sophisticated investors' - Financial Times
Goldman Sachs pulls ‘fraud’ banker’s licence - The Times
Alistair Darling rejects calls to bar Goldman Sachs
from advising the Government - The Telegraph
Lehman Brothers
SEC 'could bring' charges over Lehman - The Telegraph
SEC 'not a prudent regulator' before crisis - The Times
Geithner under fire over Lehman - The Independent
Dick Fuld: Lehman Brothers was ‘risk averse’ - The Times
Dick Fuld 'never knew about Lehman's controversial Repo
105 accounting practices' - The Telegraph
Bank Tax
IMF in 'radical' bank tax plans - BBC
Leaked IMF document urges two new taxes for banks -
The Times
IMF recommends double tax whammy on the world's banks
- The Independent
IMF urges double tax hit on banks to refund taxpayers
- The Telegraph
IMF warns over sovereign debt - The Independent
Post-crisis banks must refinance $5 trillion - The Times
Other news
Brussels backs tougher US line on derivatives - Financial Times
BoA most at risk of derivative suits - The Telegraph
Tesco's bank is not going to worry the big boys yet
- The Independent
LSE changes tariffs to attract traders - 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...