Things we're reading today include ...
New UK Government
City holds its breath as Cable takes over at BIS - The Independent
Vince Cable to appease bankers' fears with compromise
on bonuses - The Telegraph
Coalition softens stance on banks - Financial 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 oversight - BBC
Budgets will be checked to avoid repeat of Greek crisis
- The Independent
Estonia 'can join euro from 2011' - BBC
Exemption sought to OTC derivatives rules - Financial Times
Markets
The Killers to 'Tranquilize' hedge fund ball - The 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 dive - BBC
City recruitment close to pre-crisis levels - Financial Times
UK sales of 500 euro note halted - BBC
Risks of investing in China exposed - Financial 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
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...
