Things we're reading today include ...
HSBC abandons Nedbank bid talks - BBC
Identity fraud now costs £1.9bn - BBC
Standard Chartered's Peter Sands says tax change makes it hard to draw talent to London -The Telegraph
Few banks sign tax conduct code - BBC
Taxes and regulation 'exile talent from City' - The Independent
Financial regulation shake-up must not weaken UK influence abroad - The Telegraph
Quick View: At last a real debate about exchanges' role - Financial Times
Chi-X trading platform valued at £300m after bid approach - The Telegraph
Chi-X reviews options for Asian expansion - Financial Times
Trichet calls for tougher eurozone budget rules - The Independent
TUC says banks will take £19bn 'double subsidy' - The Independent
PayPal X Developer Challenge: Top 10 Finalists - Payments News
US banks to post rise in profits, but investment income slumps - The Independent
'Big Four' accountancy firms called in House of Lords inquiry - The Telegraph
Cable puts thumb screws on the tight-fisted banks - The Independent

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...