Things we're reading today include … Nasdaq to begin Facebook compensationFinancial Times UK banks sitting on £40bn of undeclared lossesThe Telegraph NBNK gets approval to buy Lloyds branchesThe Telegraph U.S. regulator says looking at JPMorgan clawbacksReuters NYSE Euronext opens up data centresFinancial Times Barclays can keep billions related to Lehman buyout, US judge rulesThe Independent…
Things we're reading today include … Josef Ackermann ends turbulent decade at Deutsche BankThe Telegraph Ackermann defends record at DeutscheFinancial Times Morgan Stanley boss hits back in Facebook float rowThe Telegraph Contactless pay limit goes to £20BBC CoCos will not make Britain's banks safer, says Bank of EnglandThe Telegraph Europe’s banks: The fear factorEconomist…
Things we're reading today include … Shareholders approve Stephen Hester bonus despite £2bn loss at RBSThe Telegraph RBS shareholders will never recover money they lostThe Telegraph RBS annual general meeting: as it happened – May 30, 2012The Telegraph JPMorgan to spin out ‘special investments’Financial Times Amex expands digital voucher partnershipFinancial Times ‘Peer-to-peer’ lenders…
Things we're reading today include … Hedge fund 'liar' fined record £3m and bannedThe Independent Three Spanish banks agree mergerBBC Spain in focus as EU readies euro zone economic strategyReuters Anger over Lagarde's tax-free salaryThe Independent VIDEO: Are the BRICS solid?BBC JPMorgan Cazenove tops league tableFinancial Times Fear of jury boredom seeps into Gupta insider…
Things we're reading today include … Glitches halt new Goldman trade platformFinancial Times RBS faces $100m action after trader caught lyingThe Telegraph Government 'damaged' Barclays with disclosure on £500m tax avoidance schemeThe Telegraph Barclays hits back on tax schemesBBC ‘Whale’ makes a big splash on risk modelsFinancial Times Bailout fears spark Bankia shares dive…
Things we're reading today include … Shareholders set to give RBS chief Hester a rough rideThe Independent RBS cuts ties with former broking armThe Independent JPMorgan replaces prime brokerage head: sourceReuters Rabobank eyes sale of fund management armFinancial Times VIDEO: Your Money: Changes to payday loansBBC Banks glean efficiency tips from industryFinancial Times Lack…
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…
