Things we're reading today include ...
Best news of the day:
JP Morgan: England to win World Cup - The Telegraph
People
Former RBS investment banker Johnny Cameron receives
lifetime City ban - The Times
Paulson throws weight behind BoA - The Telegraph
Regulation
Mayor of London Boris Johnson calls coalition policy of
attacking banks 'nuts' - The Telegraph
Osborne fails to block European crackdown on City hedge
funds - The Independent
Germany moves against short sellers - Financial Times
US senators seek veto on IMF loans to eurozone
countries - The Independent
SEC unveils trading rules shakeup - BBC
Markets
The elephant in the room just got bigger - The Times
A very British punishment for our bankers - The Telegraph
American consumers throw off the hair shirt - The Independent
Fraud
FSA sends letters to 38,000 Britons on 'suckers list'
- The Telegraph
Huge rise in ‘hidden’ credit card crime - The Times
'Boiler room victim was conned out of £3m': case study
- The Telegraph
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...