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Shaping the future of finance

Things worth reading: 6th April 2010

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Things we're reading today include ...

Today's shocking news

Bank survey shows customers happy - BBC

Companies

Tesco aims for 10 per cent of financial service market
- The Independent
US tycoon backs Virgin Money's growth - The Independent
Virgin bank ambitions boosted by billionaire Wilbur
Ross
- The Telegraph
Mandelson attacks Barclays head - BBC
Ex-chairman of Citigroup to explain part in bank crisis
- The Telegraph
Citigroup bankers accused of sex and pregnancy jokes
- The Telegraph
The City Diary: Sibling rivalry: Life inside Lehman
Brothers
- The Independent

Pay

Bonus critic awarded 60pc pay rise - The Telegraph
Executives' pay in finance sector lags behind their
listed rivals
- The Telegraph

Fines

Insider trading trial could give new powers to
Securities and Exchange Commission
- The Times
The City's insider traders have a new enemy used to
fighting Britain's drug smugglers
- The
Telegraph

Regulations

Cross-party support among MPs for break-up of big banks
- The Telegraph
Brown says that agreement on global bank tax is close
- The Independent
IMF targets banks with 'excess profits tax' - The Telegraph
Myners demands inquiry into banks' underwriting fees
- The Independent
Regulators struggle to agree on short selling - Financial Times
Banks urged to rethink OTC trading - Financial Times

Regions

Greek banks hit by wealthy citizens moving their money
offshore
- The Telegraph
US Treasury's bail-out profits top $10bn - Financial Times
US delays report on Chinese currency - The Independent

Other news

City 'needs more female bosses' - BBC
Pensioners fear over cheques - BBC
Would-be thieves tunnel into Paris bank... again - 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...