Chris Skinner's blog

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The Finanser’s Week: 15th August – 21st August 2011

Our biggest stories of the week are … Do you know what this number means?  So I’m walking around New York and stumble across Broadway and 32nd where this billboard is over Penn Station’s subway entrance: Now I am confused on so many levels. First, who’s that woman covering up her breasts? Isn’t America the……

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The Finanser’s Week: 15th August – 21st August 2011

Our biggest stories of the week are … Do you know what this number means?  So I’m walking around New York and stumble across Broadway and 32nd where this billboard is over Penn Station’s subway entrance: Now I am confused on so many levels. First, who’s that woman covering up her breasts? Isn’t America the……

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Things worth reading: 19th August 2011

Things we're reading today include … Morgan Stanley Cuts Global Growth ForecastBusiness Week Recession fears cause havoc on world marketsThe Independent Banks plunge amid worries over eurozone exposureThe Independent   Banks 'should take more risk' argues BoE executive directorThe Telegraph Haldane right on risk but markets aren't ready for moreThe Telegraph   Star traders, rip-offs…

Things worth reading: 19th August 2011

Things we're reading today include … Morgan Stanley Cuts Global Growth ForecastBusiness Week Recession fears cause havoc on world marketsThe Independent Banks plunge amid worries over eurozone exposureThe Independent   Banks 'should take more risk' argues BoE executive directorThe Telegraph Haldane right on risk but markets aren't ready for moreThe Telegraph   Star traders, rip-offs…

Things worth reading: 17th August 2011

Things we're reading today include … BofA in talks to sell Merrill's property assetsFinancial Times 4,000 jobs at risk as BofA sells MBNA credit card divisionThe Independent BarCap star to go in prop trading exodusFinancial Times ABN Amro agrees Swiss private bank saleFinancial Times   King Says ‘Severe’ Market Stress Could Threaten U.K. EconomyBusiness Week…

Things worth reading: 16th August 2011

Things we're reading today include … Fewer jobs at banks hit recruiterBBC UK banks fund deadly cluster-bomb industryThe Independent FRC passes claim about PwC to discipline boardThe Telegraph Hedge funds banned for flagrant deceptionThe Telegraph Warren Buffett demands to pay more taxBBC Consumers Show Deep 'Love' for Online BankingBank Innovation The blame game – UK…

Things worth reading: 15th August 2011

Things we're reading today include … Wonga talks future growth with bankersThe Telegraph Diamond's domicile threat is not yet a fait accompliFinancial Times Citi Commercial Cards to Issue Chip & PIN Card Solution in U.S.Payments News Nasdaq insider trader sentencedBBC   Lord Myners calls for inquiry on 'black box' tradingThe Telegraph FSA points to EU…

The Finanser’s Week: 8th August – 14th August 2011

Our biggest stories of the week are … Banks need to radically shake up and wake up Frank Partnoy wrote a fascinating opinion piece in yesterday’s FT about the coming world of smaller banks. In the article, he compares HSBC with Google and asks why Google generates as much, if not more, value than the…

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Things worth reading: 12th August 2011

Things we're reading today include … Markets rally as banking fears easeThe Independent Societe Generale shares recover after scotching eurozone debt rumoursThe Telegraph Shares in French banks rise despite rumours of troubleThe Telegraph Cost of insuring against Italian default hits recordThe Telegraph Italy May Pass Deficit-Cutting Measures to Quell Debt CrisisBusiness Week British banks ordered…

Things worth reading: 11th August 2011

Things we're reading today include … HSBC sells US credit card business in $32.7bn dealThe Telegraph Commerzbank takes €760m Greek hitThe Telegraph US credit union regulator sues GoldmanFinancial Times Cha-Ching: BankSimple Banks $10 Million In New Funds And Some Heavy-Hitting PartnershipsTechcrunch   Europe's banks in freefall as fear stalks the markets once again The Independent…