Things we're reading today include …
- Stiff fines for reckless bank chiefs who fail to deal with scandals
- Lloyds pledge for investors after Spanish bank's £1.7bn bid for TSB
- China on collision course with EU and US over bank IT rules
- Manchester mutual sues auditor Grant Thornton for £49m after hedge led to loss
- HSBC closing Britons' Jersey accounts
- CFTC fines ICE $3m for data errors
- Foreign bank bosses avoid UK jail threat
- European giants side with UK in Chinese World Bank row with US
- VIDEO: City workers' Budget wish list