Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 24th May 2012

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…

Things worth reading: the European View (7)

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 worth reading: 23rd May 2012

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 worth reading: 22nd May 2012

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 worth reading: 21st May 2012

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…

The Finanser’s Week: 14th May – 20th May 2012

Our biggest stories of the week are … The multibranded bank Having made the claim many times that banks are not great at multichannel but excel in a single channel, I got into an interesting debate last night with the CEO of one UK bank.  He was asking whether branch-based banking had a future.  I…

VocaLink_rgb_250x120

Things worth reading: 18th May 2012

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 worth reading: 17th May 2012

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…

Things worth reading: 16th May 2012

Things we're reading today include … Jamie Dimon passes shareholder vote on JP Morgan roleThe Telegraph JPMorgan Chase's CEO Jamie Dimon survives shareholder pushThe Independent JP Morgan executive to walk away with millions following trading lossThe Telegraph JPMorgan loss exposes derivatives dangersFinancial Times FBI opens investigation into JPMorgan lossesThe Independent   Why state-owned banks should…

Things worth reading: 15th May 2012

Things we're reading today include … JP Morgan chief investment officer Ina Drew 'to retire' after $2bn lossThe Telegraph JP Morgan executives 'set to leave' after $2bn lossThe Telegraph VIDEO: Barack Obama on JP Morgan lossBBC   Plus Markets to close after sale failureFinancial Times Court refuses to delay BofA, Merrill settlement caseReuters Knight to…