Things we're reading today include ...
Goldman Sachs
Goldman to do deal with US regulator over Abacus affair
- The Independent
Goldman to 'sue for peace' on Abacus charges - The Telegraph
Goldman Sachs faces $1bn fine to draw line under fraud
trial - The Telegraph
Goldman Sachs chief Lloyd Blankfein faces call to
resign - The Telegraph
Goldman chief eats humble pie with pledge of ethical
review - The Independent
Companies
HSBC sees global profits growth - BBC
HSBC profits grow in first quarter - The Telegraph
RBS bad debts continue to push bank into the red - The Telegraph
Santander's pain in Spain won't hit UK customers -
The Telegraph
Thomson Reuters to launch 'Insider' platform - Financial Times
Virgin knocked out of RBS bid battle - The Independent
Rangers fans may boycott Lloyds - BBC
Investments return AIG to profit - BBC
Markets
Bank shares slide on fears of another liquidity crisis
- The Telegraph
Banks bounce back but warn of troubles to come - The Independent
Leaderless UK stokes crash fears - The Times
UK banks in firing line if Greece debt crisis spreads,
says Moody's - The Telegraph
IMF's levy on financial institutions 'outrageous' -
Financial Times
'Boring' products that hid high risks - Financial Times
FSA
Court to review FSA role over Icelandic bank collapse
- The Telegraph
Kaupthing chief arrested on suspicion of market abuse
- The Telegraph
FSA's Margaret Cole wages war against criminals in the
City - The Telegraph
Europe
Finance ministers meet to stop spread of Greek crisis
- The Independent
EU agrees euro stability package - BBC
Darling’s last act: leaving a £15bn bill for British
taxpayers - The Times
Hedge fund directive strikes blow at City - The Times
€300bn late payments hit European companies - 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...