Things we're reading today include … US makes $12bn profit on Citigroup sell-off – The Independent EU Won't Boost Aid, Relies on ECB to Fight Crisis – Business Week Bank bosses hit back at break-up proposals – The Independent Cantona cash protest fizzles out – BBC Lloyds sees no competition boost from breaking up banks…
Things we're reading today include … Official tells MPs euro failure remote - The Independent The only body that seems keen to keep the RBS report secret is the FSA itself - The Telegraph HSBC 'took kickbacks to keep Madoff in business' - The Independent Regulators push for 'strict' prop definition - Financial Times Cloud computing 'could boost EU' - BBC Belgium adds to confusion…
Things we're reading today include … HSBC hit with $9bn lawsuit over Madoff - The Telegraph Chenault puts his credit card strategy on the table - Financial Times Insider trading probe prompts risk scrutiny - Financial Times France is next for attack by bond investors - The Independent Banks braced as King Eric's day of reckoning arrives - The Independent George Osborne orders review…
Things we're reading today include … Incompetent, but not corrupt: the final word on Goodwin's RBS - The Independent City bankers should learn lessons of Sir Fred's hollow victory - The Telegraph Madoff trustee sues JPMorgan for $6.4bn - Financial Times UK debit card use overtakes cash - BBC Dealing with bad banks: Equipping the emergency room - The Economist Cashless Britain: top tips on…
Things we're reading today include … The Business On… Ana Botin, Chief executive, Santander UK - The Independent Ackermann Says Mistrust of Spain Unjustified - Business Week Dotcom boom's shower of gold passes Wall Street by - Financial Times JPMorgan counter-sues Lehman Brothers - Financial Times Latest attacks on King tell us more about his critics than about him - The Telegraph BarCap will shed…
Things we're reading today include … EU Faces More Bailouts as Contagion Spreads - Business Week Eurozone contagion fears spread to Italy - The Independent Spain's Banks Face Funding Hurdle Amid Bailout Talk - Business Week Demonising the City is childish and destructive - The Telegraph American Express Reward Points Can Now Be Used To Buy Zynga Virtual Goods - Payments News Top banks sign…
Things we're reading today include … Credit card write-offs fall 65% - BBC US bank is next target for major leak, says Assange - The Independent Blunder reveals carbon trading data - Financial Times Hedge fund manager Mark Hart bets on China as the next 'enormous credit bubble' to burst- The Telegraph Irish rescue plan fails to stem fears about Spain and…
Things we're reading today include … Brussels plans more regulation of complex products - Financial Times Press release ECB assesses the Irish economic and financial adjustment programme - ECB Ireland Wins EU85 Billion; Germany Drops Bond Threat - Business Week Allied Irish, Bank of Ireland Bonds Plunge - Business Week Spain could be forced to seek a bail-out within months, warns Barclays - The Telegraph…
Our biggest stories of the week are … Barclays: Banks Behaving Badly Antony Jenkins, the Head of Barclays Global Retail Division ,appeared on BBC Radio’s Today program saying that the level of consumer complaints to banks in general, and to Barclays specifically, is “not acceptable”. Looking at the numbers of complaints upheld by the…
