Things we're reading today include ...
- Treasury makes £500m selling Lloyds shares as it reduces its stake in the bank
- RBS will reportedly appoint Howard Davies as its next chairman
- PPI mis-selling cases 'more complex'
- U.S. investigating big banks on possible precious-metal price rigging: WSJ
- 'Computer says no' hurts vulnerable
- Timeline: bankruptcies and bail-outs since the fall of Barings
- Absolute Bankers: From bank to hotel
- Aldermore to make fresh run at IPO
And HSBC's results:
- HSBC needs to change: it is still destroying more value than it is creating
- HSBC reports 17% drop in annual profit
- Dark days turn darker for HSBC
- HSBC scandal: George Osborne to announce huge fines for banks involved in tax evasion
- HSBC 'shamed' by Swiss tax scandal as annual profits fall 17pc
- HSBC profits eroded by deluge of regulatory conduct fines
- Did HSBC boss Stuart Gulliver really need a Swiss account?
- HSBC boss Stuart Gulliver defends himself against claims of secret Swiss account
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...