Things we're reading today include ...
Mervyn King
Bank head hints rates to stay low - BBC
King condemns banks' treatment of customers - The Independent
Mervyn King: I want people focused on public service, not bankers, supervising the city - The Telegraph
New Banks
New High Street bank set to open - BBC
Metro: first bank for 100 years opens its doors - The Telegraph
FSA grants Exim UK banking licence - The Telegraph
Virgin Money delays bank debut - Financial Times
Markets
Are UK banks killing the economic recovery? - The Telegraph
Europe's €30 trillion funding headache - The Telegraph
Regulators
BIS: it's the implicit taxpayer guarantee that drives banks to get bigger - The Telegraph
Whistleblowers could collect success 'bounty' - The Telegraph
New thinking is key to opening door of Big Four - Financial Times
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...