Things we're reading today include ...
People
Hester to take on Turner's 'socially useless' banks
jibe - The Telegraph
Lord Levene’s new bank plans FTSE 100 listing by year
end - The Independent
Lord McFall joins new Scots bank venture - The Telegraph
Baugur boss Jon Asgeir Johannesson down to his 'last
million' - The Telegraph
Companies
Nationwide calls time on fresh bailouts of rival
societies - The Independent
Vatican sees third straight loss - BBC
HSBC chief warns over plans to break up banks - The Telegraph
Standard Chartered behind BP's crisis fund - The Independent
Profits warning for Citigroup and BoA - The Telegraph
Meredith Whitney, star banking analyst, slashes Goldman
Sachs forecast - The Telegraph
Markets
The eight-year-olds ensuring we understand insurance
- BBC
Europe's bankers debate over bail-out fund - Financial Times
Chinese union targets investment banks - Financial Times
US releases delayed yuan report - BBC
US private banks left out in reform - Financial Times
Sceptical investors taking the more direct route - Financial Times
Poor liquidity controls leave a lasting legacy on funds
of hedge funds - Financial Times
Regulations
Osborne defies EU over base for regulator - The Telegraph
Hoban reveals 'twin peaks' City regulation - The Independent
British banks face US suit over £1.6bn sub-prime losses
- 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...