Things we're reading today include ...
Companies
HSBC sees profits double to $11bn - BBC
HSBC more than doubles profits to £7bn - The Independent
HSBC sets the 'safe bank' benchmark - The Telegraph
Retail banking lifts BNP Paribas - BBC
BNP Paribas makes first asset write back since 2007 - The Telegraph
UBS agrees deal to build London's largest office block - The Independent
Goldman Sachs defends AIG collateral calls - The Telegraph
Dearth of outsourcing deals hits Xchanging - Financial Times
Markets
Mortgage investors scale back - Financial Times
Now banks accused of causing mortgage famine - The Independent
'Demand is down' for business loans - BBC
Osborne wants banks to lend more - BBC
Banking system on verge of new crisis, hedge fund Noster Capital warns - The Telegraph
Regulations
Initiative to overhaul global reporting standards - Financial Times
City watchdog's bonus rules face legal battle - 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...