Things we're reading today include ...
People
Vince Cable: 'banks are misleading small firms' - The Telegraph
Cable:
Banks are ripping us off - BBC
Companies
Goldman Sachs sets aside $9bn for pay as revenues drop
- The Telegraph
RBS considers suing Goldman Sachs over lost $841m -
The Telegraph
Dubai World's £9.4bn debt repayment plan to get green
light from banks - The Independent
JP Morgan UK future at risk - The
Telegraph
Markets
Analysts fear stress tests on EU banks are not rigorous
enough - The Independent
Markets braced for turmoil after IMF and EU withdraw
£17bn Hungary financing deal - The Telegraph
Liechtenstein's heir backs radical new tax plans - The Telegraph
No
fleeing euro, says China's Wen - BBC
US banks beat Wall Street forecasts - The Independent
US banks paying more than half of Britain's £2.5bn
bonus tax windfall - 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...