Things we're reading today include ...
Companies
Grovelling Goldman says sorry for documents foul-up
- The Independent
Barclays warns that its investment bank has had a tough
summer so far - The Telegraph
Collapse of AIG wasn't my fault, says its former
derivatives boss - The Independent
Standard & Poor's gives notice of a potential
downgrade on.....Moody's - The Telegraph
Lloyds axes a further 1,850 and drops Halifax agencies
- The Telegraph
Standard Chartered on course for record first-half
thanks to Asia - The Telegraph
Regulations
EU agrees bank bonuses limit deal - BBC
Hedge funds hope 'Volcker rule' will clip banks' wings
- Financial Times
US financial reform in jeopardy - BBC
Markets
Relief as European Central Bank's €442bn support line
for banks ends without panic - The Independent
EU banks borrow less than feared - BBC
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...