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Things worth reading: 16th August 2010

Things we're reading today include …

People

NatWest banker claims he was 'tortured' into pleading guilty over theft of $7.3m from RBSThe Telegraph
Former RBS banker Johnny Cameron returns to the CityThe Telegraph
Treasury Select Committee chairman Andrew Tyrie: 'How much does your bank cost you?'The Telegraph
How 'Papa Smurf' threatened to 'bring down' Blackstone chiefThe Telegraph

Companies

Aviva confirms RSA bid rejectionBBC
Bank of China beats local lenders to finance £100m luxury London hotelThe Independent

Lending

Barclays opposes lending targetsBBC
Flaw in state scheme cited in weak bank lending to SMEsThe Independent

Bonus Taxes

UK banks claim FSA pay crackdown puts them at disadvantageThe Telegraph
Bankers threaten to move abroad over bonus restrictionsThe Telegraph
HSBC to review London HQ as Osborne's levy hits banksThe Independent

Markets

2010 to witness lowest equity trading volumes for eight yearsThe Independent
Low share trades to cost state £1bnFinancial Times
Inflation is still worry a worry for Bank of England boss Mervyn KingThe Telegraph
Japan economic growth slows downBBC
Watchdogs raise concern over algorithmic tradingFinancial 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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