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Things worth reading: 13th May 2010

Things we're reading today include …

New UK Government

City holds its breath as Cable takes over at BISThe Independent
Vince Cable to appease bankers' fears with compromise
on bonuses
The Telegraph
Coalition softens stance on banksFinancial Times
City watchdog FSA to survive in shock coalition
compromise
The Telegraph

Regulations

Regulation threatens to shrink value of British banks,
warns Credit Suisse
The Telegraph
Geithner and Barnier bury differences over financial
reform
The Telegraph
EU wants budget oversightBBC
Budgets will be checked to avoid repeat of Greek crisis
The Independent
Estonia 'can join euro from 2011'BBC
Exemption sought to OTC derivatives rulesFinancial Times

Markets

The Killers to 'Tranquilize' hedge fund ballThe Telegraph
Crunch far from over, warns Bank of England chief
Mervyn King
The Independent
HSBC chief warns hasty regulation could create second
crisis
The Telegraph
'No one cause' for US share diveBBC
City recruitment close to pre-crisis levelsFinancial Times
UK sales of 500 euro note haltedBBC
Risks of investing in China exposedFinancial Times

Companies

ICBC edges closer to £6bn equity offer The Telegraph
Morgan Stanley shares slide on reports of SEC
investigation
The Telegraph
Standard Chartered considers return to South Africa
with majority stake in Nedbank
The Times
Standard Chartered mulls bid for Nedbank The Telegraph

People

Bill Clinton offers himself as lottery prize to pay off
Hillary’s debts
The Times


About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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...

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