Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 17th May 2013

Things we're reading today include … Sale of taxpayers' Lloyds stake moves closer as shares nudge 'break-even' RBS to cut 1,400 head office jobs as it plans private sector return Lloyds looks a better horse to back in the bank reprivatisation race HMRC cleared of letting Goldman off £20m in 'sweetheart' deal SocGen's Russia unit…

Things worth reading: 16th May 2013

Things we're reading today include … Google Adds Send Money to Gmail based on Google Wallet Société Générale blow after 'bribe' arrest in Russia Standard Life attacks RSA board over its cut to final divi LSE eyes €800tn settlement market JPMorgan demands Bloomberg staff logs Church: Barclays 'let down society' HSBC eyes 14,000 job cuts…

Things worth reading: 15th May 2013

Things we're reading today include … RBS chief admits: I don't know if scandals are over RBS shareholders back pay package RBS warns of more jobs cut and branch closures Barclays has let down society, says Church HSBC targets additional $2-3 billion cost savings by 2016 Former Credit Suisse exec to earn $45 million stock…

Things worth reading: 14th May 2013

Things we're reading today include … Bankwatch: Bill Oddie evicted from HSBC headquarters after protest over bank's links to logging companies blamed for destruction of the rainforest in Malaysia Bloomberg's top editor calls client data policy 'inexcusable' Red-faced Bloomberg admits ‘inexcusable’ privacy breach ECB contacts Bloomberg over 'spying' claims US Treasury investigates Bloomberg 'spying' claim Private…

Things worth reading: 13th May 2013

Things we're reading today include … Bloomberg scrambles to reassure users Bloomberg alerted to access issue in 2011 Lloyds chairman 'is to step down this year' Lloyds Chairman Bischoff to step down: FT Co-op bank bosses face clawback of bonuses Co-op pioneers would not be amused by bank crisis HSBC boss can do more to…

The Finanser’s Week: 6th May – 12th May 2013

Our biggest stories of the past week are … Sir Ranulph Fiennes caught trying to rob a bank Like others in the conference hall, I felt a sense of awe as the world’s greatest living explorer, Sir Ranulph ‘Ran’ Fiennes, took to the stage to recount some of the stories about his life and travels,…

Cognizant Logo

Things worth reading: 10th May 2013

Things we're reading today include … Barclaycard takes on Groupon with 'daily deals' Co-op Bank could need taxpayer support, says Moody's Top paid RBS banker goes in reshuffle ahead of US float RBS finance chief to lead US spin-off Hester vows to oversee RBS sell-off 850 more jobs to go at Lloyds Nigeria signs up…

Things worth reading: 9th May 2013

Things we're reading today include … Eye-catching recruits and full bank buyout fast-tracks grocer's push for supremacy US banks tipped off to Harp loans Say goodbye to the pin: voice recognition takes over at Barclays Wealth Green bank achieves £2.3bn energy boost Nat Rothschild rues 'terrible mistake' in tie-up with Bakries Free banking at risk…

Things worth reading: 8th May 2013

Things we're reading today include … HSBC off to a flier on results as profits almost double to $8.4bn HSBC profits surge as bad loans fall 'Crisis over' hopes after HSBC posts £5bn profit Standard chartered sees first-quarter profit decline on increased costs Commerzbank hit by cost of job cuts Credit Suisse names UK banker…

Things worth reading: 7th May 2013

Things we're reading today include … RBS 'desperate' to lend £20bn – but no-one wants it Visa and MasterCard: fortunes diverge Three of JPMorgan's top investors undecided on Dimon's roleL: WSJ Sage of Omaha Warren Buffett's successor stays a secret New York to sue banks over mortgages Nearly half of directors aware of irregularities UK…