Things we're reading today include ...
People
Ex-Citi banker is forced to disclose $10m Lehman fee - The Telegraph
Northern Rock chief admits to 'catastrophic black mark' - The Telegraph
Bean backs coalition restructuring of Bank - The Independent
Warren Buffett plots bid for RBS's Direct Line division - The Independent
Companies
Business leaders back Scottish bank - Financial Times
RBS ends sponsorship of The Open golf championship - The Telegraph
RBS appoints bankers to sell Direct Line as IPO hopes fade - The Telegraph
JP Morgan cements ties to London - The Telegraph
DTCC in talks over possible EMCF stake - Financial Times
Axa cuts Goldman stake by half - Financial Times
Markets
Free market has turned us into 'Matrix' drones - The Independent
Don't break up banks, say top UK companies - The Telegraph
A little humility would go a long way for banks - The Telegraph
Regulators
Number of FSA top earners triples - Financial Times
Central banks 'face more tasks' - BBC
Bank of England will use 'all powers' to stave off any future crisis - The Telegraph
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...