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Things worth reading: 27th July 2010

Things we're reading today include …

Regulators

Time for the Bank of England impose sanity across the financial systemThe Telegraph
Stability priority in finance rules shake-upFinancial Times
Regulatory rejig will cost Britain £50mThe Telegraph
OFT loses powers on bank regulationThe Telegraph
Basel committee agrees new bank capital rulesThe Telegraph
Plan for Bank to supervise clearing housesFinancial Times
Apollo exploits loophole to create new bankFinancial Times
Vince Cable threatens tax on profits if banks pay staff rather than lendThe Telegraph

Markets

Bank shares up after stress testsBBC
Madoff net winners 'face legal claw-backs' , says trustee Irving PicardThe Telegraph
Forex turnover hits $1.7trn a day in LondonThe Independent

Technology

Can you crack the cyber-crime code?BBC
IBM faces two competition probesBBC

About Chris M Skinner

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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…

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