Things worth reading: 18th July 2014

Things we're reading today include …

• JPMorgan's CEO gets $36 million of options delayed due to London Whale loss
• UK banks face break-up threat as watchdog plans competition probe
• UK banks face full-blown CMA competition probe
• Banks to face full competition probe
• RBS chief: 'Good chance' of taxpayer making money back
• RBS eyes sale of Coutts’ overseas arm
• This is your final demand: RBS told to sell off Williams & Glyn
• Morgan Stanley profit more than doubles
• Google's business chief departs for SoftBank in latest leadership change
• Lloyds 'misleading' letter revealed
• Exclusive: SEC targets 10 firms in high frequency trading probe – SEC document
• A Look at PayPal's 2Q2014 Financial Results
• Facebook tests new 'buy' button for online purchases in U.S.
• Bank fines to pay for veterans' homes

This week's Economist:

• The BRICS bank: An acronym with capital
• The euro-zone economy: Losing the plot
• Economics and ethics: Lying commies
• Citigroup: Paying up and moving on