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Things worth reading: 3rd August 2010

Things we're reading today include …

Companies

HSBC sees profits double to $11bnBBC
HSBC more than doubles profits to £7bnThe Independent
HSBC sets the 'safe bank' benchmark The Telegraph
Retail banking lifts BNP ParibasBBC
BNP Paribas makes first asset write back since 2007 The Telegraph
UBS agrees deal to build London's largest office blockThe Independent
Goldman Sachs defends AIG collateral callsThe Telegraph
Dearth of outsourcing deals hits XchangingFinancial Times

Markets

Mortgage investors scale backFinancial Times
Now banks accused of causing mortgage famineThe Independent
'Demand is down' for business loansBBC
Osborne wants banks to lend moreBBC
Banking system on verge of new crisis, hedge fund Noster Capital warnsThe Telegraph

Regulations

Initiative to overhaul global reporting standardsFinancial Times
City watchdog's bonus rules face legal battleThe Telegraph

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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