Things we're reading today include … Today's must watch: Eliot Spitzer (no jokes please) on regulators Today's must read: Single standard proves elusive goal – Financial Times "Cracks in international relations have been brought to light. There was the rushed adoption in October 2008 of an amendment to IFRS, allowing reclassifications of certain assets, without…
Things we're reading today include … Today's must read: The Decade in Review – Financial Times UK: Bankers snubbed in New Year's Honours list – The TelegraphIceland approves UK payout after Icesave collapse claim – The IndependentGoldman Sachs teams could quit the City over taxes and regulations – The TelegraphLooking up: City starts new decade…
It's Christmas. Stop reading about banks. But if you really want to read something then here's one last story for the year, courtesy of the Sunday Times: Market-research firms such as Nielsen, Barb, Rajar and the Internet Advertising, along with stats from Google and Amazon, have identified the following lifestyle habits in Britain on Christmas…
Things we're reading today include … * Today's must read: 10 Big Ideas for 2010 – US Banker Back to Basics: Putting the Consumer First New Pathways to Capital Principal Reductions Make Better Loan Mods Intelligent Limits on Overdrafts Mobile's Moment Finally Arrives A Perfect Time to Reinvigorate the SBA Rules and Regs Are Throttling…
Things we're reading today include … Today's must read FBI Probes Hack at Citibank – Wall Street Journal The Federal Bureau of Investigation is probing a computer-security breach targeting Citigroup Inc. that resulted in a theft of tens of millions of dollars by computer hackers who appear linked to a Russian cyber gang, according to…
Things we're reading include … Today's must read: London Stock Exchange on cusp of Turquoise deal – The TelegraphLondon Stock Exchange is poised to announce it has finally agreed a deal to take control of Turquoise, the loss-making trading platform set up by the world's leading investment banks. Bonus row rumbles on Goldman Sachs threatens…
Things we're reading today include … Today's must read FT interview transcript: Josef Ackermann – Financial Times "There were three sources of losses in this crisis, and there were winners and losers from every business model. One was the lending side, which was in commercial real estate and leveraged loans; the second was investment portfolios…
Things we're reading today include … Today's must read: Dumbest moments in business 2009 – CNN Number One: Goldman Sachs's PR blitz For all the complex financial products they can dream up, simple common sense still seems to elude the bright minds of Wall Street. Or at least, Goldman Sachs CEO Lloyd Blankfein. Hoping to…
Things we're reading today include … Bonus row Darling defies bank threats on bonus tax – Financial TimesLord Myners dismisses bonus supertax row as storm in a teacup – The IndependentTop City broker helps staff relocate overseas – The Independent Companies Brussels clears RBS bail-out as shareholders prepare to vote – The TelegraphECB orders Austria…
Things we're reading today include … Today's must read: Goldman Fueled AIG Gambles – Wall Street Journal Goldman originated or bought protection from AIG on about $33 billion of the $80 billion of U.S. mortgage assets that AIG insured during the housing boom. That is roughly twice as much as Société Générale and Merrill Lynch,…
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