The biggest news stories of the week include: Single Euro Payments Area (SEPA): cross-border direct debits now a reality (Europa)Taxpayers hit for £28.7bn more amid banks break-up (Independent)FSA's Lord Turner: splitting banks will make sector more risky (Telegraph)The Kroes UK’s banks have to bear (Evening Standard) Profit `Not Satanic,’ John Varley, CEO of Barclays Says…
The biggest news stories of the week include: Banks not buying in to Single Payments Area (Euractiv) Credit crunch almost over, says ECB (Euractiv) US economy is growing once again (BBC) ING to separate banking and insurance operations, and divest ING USA (ING Press Release) Brussels to split up Britain's high street banks (Times) Bernanke: Smaller Banks Not…
The biggest news stories of the week include: Global economic outlook 2009/10 (Deutsche Bank, 71 page pdf)Risk Management Lessons from the Global Banking Crisis of 2008 (New York Federal Reserve, 36 page pdf)King and Brown in rift over whether to split the banks (Independent)Obama's pay tsar to cut executive salaries by up to 90pc (Telegraph)City…
The biggest news stories of the week include: Lloyds asks taxpayers for another £5bn (Guardian)Bonuses Put Goldman in Public Relations Bind (New York Times) Banker wages: When $650 million doesn't show up (Charlotte Observer)US banks' profits beat forecasts (BBC)Bill Shields Most Banks From Review (New York Times)Have Banks No Shame? (New York Times)Lessons from the financial…
The biggest news stories of the week include: "Too big to fail" must end for all: FDIC chief (Reuters)Report on Wall Street banks' bailouts says US Treasury misled public (Guardian)The demise of the dollar (Telegraph)Britain overtakes US as top financial centre (Telegraph)FSA's tough new liquidity rules could cost British banks up to £9.2bn a year (Telegraph)SEC…
The biggest news stories of the week include: The European Commission has released the formal document with "feedback on the public consultation on possible end-date(s) for SEPA migration" (13 page pdf)LSE granted exclusivity for Turquoise move (Times)'Polanski arrest was hatched by Swiss bankers' (Evening Standard)BofA CEO resigns (Reuters)Review of Michael Moore's new film 'Capitalism: A Love…
The biggest news stories of the week include: The European Commission has released the formal document with "feedback on the public consultation on possible end-date(s) for SEPA migration" (13 page pdf)LSE granted exclusivity for Turquoise move (Times)'Polanski arrest was hatched by Swiss bankers' (Evening Standard)BofA CEO resigns (Reuters)Review of Michael Moore's new film 'Capitalism: A Love…
The biggest news stories of the week include: The Financial Crisis and America’s Casino Culture (New York Times)EU unveils new 'super-regulators' (BBC)EU brings financial supervision reform to G20 (Euractiv)Lord Turner keeps heat on bankers with further attack (Telegraph)HSBC chairman Stephen Green pushes for banking reform despite economic recovery (Telegraph)Exchanges warn G20 of dangers in ‘dark pools’ …
The biggest news stories of the week include: The Financial Crisis and America’s Casino Culture (New York Times)EU unveils new 'super-regulators' (BBC)EU brings financial supervision reform to G20 (Euractiv)Lord Turner keeps heat on bankers with further attack (Telegraph)HSBC chairman Stephen Green pushes for banking reform despite economic recovery (Telegraph)Exchanges warn G20 of dangers in ‘dark pools’ …
This was SIBOS week, so it's mainly news about payments and transaction services … The Finanser's SIBOS highlights (words) The Finanser's SIBOS highlights (piccies) And here's the detailed sequence of events, from start of week to end: The start of a busy week $450 trillion in a single place Banking on the banking system, one…
