Our biggest stories of the week are … The end of 'free' banking In the 1970s, the UK's Midland Bank introduced a new competitive service – free banking. It wasn’t free of course, but it appeared that way. The idea being that if you stayed in credit, they wouldn’t’ charge you anything. It… Lázaro Campos…
Things we're reading today include … Free banking 'a dangerous myth'BBC Head of Vatican Bank is sackedBBC More help for payday loan debtorsBBC EU 'wants Greece in the eurozone'BBC Call to end free bank accountsThe Independent Surveys point to deeper eurozone contractionThe Independent FSA 'powerless' over JP MorganThe Independent Regulators hint that pressure…
Things we're reading today include … Spain injects €9bn into ailing lender BankiaThe Telegraph Eurozone set to abandon Greece – and austerity The Independent EU summit fails to inspire marketsThe Independent US money market funds shun eurozone banksFinancial Times VIDEO: Economic lessons from the 1930sBBC Robert Tchenguiz had Kaupthing execs 'resident' in his…
This week's view from Europe, courtesy of Edith Rigler : Moving to e-procurement can deliver huge savings – European Commission, 20 April 2012 The Commission estimates the total size of the EU's procurement market at more than 2 trillion euro, so each 5% saved though e-procurement could result in about 100 billion euro of annual savings. But…
Things we're reading today include: Facebook float hits more problemsBBC Zuckerberg loses friends on Wall Street as regulators probe $19bn slumpThe Independent Morgan Stanley subpoenaed over Facebook IPOFinancial Times JP Morgan loss 'flags up' transatlantic trade risksThe Telegraph Troubleshooter in running to succeed DimonFinancial Times Zynga and American Express Launch Zynga Serve Rewards…
Things we're reading today include … IIF: Spain's bank losses could hit €260bnThe Telegraph Eurozone crisis 'hits mortgages'BBC VIDEO: Will Greece return to the drachma?BBC Posen: Greece is not the issue, it's banksThe Independent Double trouble at JP Morgan: trader's losses could exceed $7bnThe Independent JPMorgan suspends $15bn shareholder returnThe Telegraph JPMorgan loss set…
Things we're reading today include … Spain will ask for bailout soon, top financier warnsThe Independent What next if Greece quits the euro?BBC HSBC's Greek branches ready for drachmaThe Independent European pain likely to trouble VodafoneThe Independent Funds’ €60bn to buy European bank debtFinancial Times Cracks are appearing in Europe's state-backed lendersThe Telegraph HSBC…
Things we're reading today include … Fears push up Spain borrowing costs The Independent Europe rocked by Spanish banking crisisThe Independent VIDEO: Spanish banks face credit ratings cutBBC Santander: is my bank account safe?The Telegraph Greek exit fears hit bond marketsThe Independent Greece and the euro: Exodus, chapter 1The Economist Markets drop on eurozone worriesBBC…
Things we're reading today include … Sir Mervyn King: the eurozone is tearing itself apartThe Telegraph We risk being shut out of financial markets, warns Spanish PMThe Independent Euro at four-month low on GreeceBBC VIDEO: Greeks withdraw millions from banksBBC Markets uneasy as Greeks empty €800m in savings from banksThe Independent 'Vulture funds' circle as…
