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Things worth reading: 10th August 2010

Things we're reading today include …

Companies

LSE's Turquoise heading into profitFinancial Times
FSA starts investigation into Coutts over AIG-linked savings product The Telegraph
Goldman Sachs under investigation by US and UK watchdogsThe Telegraph
Freddie Mac suffers $6bn quarterly loss The Telegraph
Freddie seeks $1.8bn from US TreasuryFinancial Times

Markets

Corporate brokers lick their woundsFinancial Times
Mortgage fraud quadruples over first half of 2010, says KPMG The Telegraph
Euro strengthens amid US concernsBBC
Mervyn King should stop complaining about bank lending and try more QEThe Telegraph

Lending

Lending to UK business falls £30bn in a yearThe Telegraph
Banks punish those who clear up messThe Telegraph
Bank chiefs to head credit flow taskforceThe Independent

Regulations

FSA exodus adds to concern over regulation Financial Times
US to pay big sums for Wall St tip-offs Financial Times


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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