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Things worth reading: 9th May 2012

May 9, 2012 by Chris Skinner

Things we're reading today include ...

HSBC profits rise but outlook cautious
Financial Times

HSBC cost savings gather pace
The Independent

HSBC welcomes Hollande's first steps – but with caution
The Independent

MasterCard unveils ‘digital wallet’ network
Financial Times

FSA fines Mitsui £3.35m and bans former European chairman Yohichi Kumagai
The Telegraph

Aviva is latest firm hit by 'shareholder spring' as chief executive quits
The Independent

Shareholder Spring claims its third scalp in 13 days
The Telegraph

FTSE 100 boss pay 'rises by 11%'
BBC

FSA fines City insurer £3.4m and bans chief
The Independent

Merkel urges French co-operation
BBC

Crisis-hit Portugal axes holidays
BBC

Greek threat to scrap EU bailout
BBC

Eurozone contagion fears spread as Greeks refuse cuts
The Independent

UK's borrowing costs near record lows as cash flees eurozone crisis
The Independent

China: The world's cleverest country?
BBC

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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...