Things we're reading today include …
Basle III
Regulators meeting in Switzerland agree on new global rules to strengthen banks – Washington Post
Basel III will not prevent another crisis unless there is effective regulation – The Telegraph
Reaction to Basel III rules for banks – The Telegraph
Bankers fear race to overtake Basel III – Financial Times
Relief over delay to Basel liquidity rules – Financial Times
What Basel means for banks – The Telegraph
Tricky lessons yet to be learnt by international regulators – The Independent
People
Ex-IBM executive jailed in Galleon case – Financial Times
Trader blamed for Morgan Stanley's $9bn loss back in business – The Telegraph
Howard Davies: The Government's mistake over London regulation – The Telegraph
UK urges action on British bankers held in Bahrain – The Telegraph
Companies
Logica Enables Banks to Deliver Cost Effective SEPA Direct Debit Mandate Management
– Payments News
Watchdog raps KPMG over early audit sign-off – Financial Times
Markets
City experts predict FTSE will rise 10% this year – The Independent
Statistics on payments – Data for 2009 – – ECB
EU forecasts better than expected recovery – The Independent
More banks missing TARP dividend payments – Washington Post
US risks losing superpower status unless it tackles the deficit, Henry Paulson warns – The Telegraph
'Finance to vary Nigeria economy' – BBC