The biggest news stories of the week include:RBS chief Stephen Hester says there is no 'miracle cure' as bank slumps to £1bn loss (Telegraph)Lloyds blames HBOS for £13.4bn debts (Guardian)HSBC chairman Stephen Green says 'worst of crisis over' (Telegraph)Barclays' star bankers to get bonus bonanza (Times)Goldman has record trading days (Financial Times)Goldman Faces Inquiries on Pay and Derivatives…
Things we're reading today include … Today's must readWas the Twitter DDoS attack Cyber Warfare? (Search Engine Journal) "The attack on Twitter was also directed at FaceBook. For hours, as CNN, BBC, Yahoo and others reported on this remarkable incident, there was a great deal of speculation as to what caused the outage ……
Things we're reading today include … Bank of England governor sees danger in taking his foot off the accelerator (Guardian)Bank of England surprises markets with move to increase 'printing money' plan (Telegraph)Bank wants extra £50bn for 'fragile' economy (Independent) Commerzbank reports more losses (BBC)AIG breakup nets Wall Street $1 billion bonanza: report (Reuters)Judge raps…
Things we're reading today include … Bank of England governor sees danger in taking his foot off the accelerator (Guardian)Bank of England surprises markets with move to increase 'printing money' plan (Telegraph)Bank wants extra £50bn for 'fragile' economy (Independent) Commerzbank reports more losses (BBC)AIG breakup nets Wall Street $1 billion bonanza: report (Reuters)Judge raps…
Things we're reading today include … Today's must readGoldman has record trading days (Financial Times)"Goldman Sachs traders made more than $100m in revenues on each of a record 46 days during the second quarter (2009), while losing money on just two days." Companies Lloyds blames HBOS for £13.4bn debts (Guardian)Boost for Lloyds as bad…
Things we're reading today include … Today's must readGoldman has record trading days (Financial Times)"Goldman Sachs traders made more than $100m in revenues on each of a record 46 days during the second quarter (2009), while losing money on just two days." Companies Lloyds blames HBOS for £13.4bn debts (Guardian)Boost for Lloyds as bad…
Things we're reading today include … StanChart unveils $1.6bn fundraising (Financial Times) HSBC chairman Stephen Green says 'worst of crisis over' (Telegraph)Angry, depressed and in debt: customers blast Barclays and HSBC (Times)HSBC says it wants to lend but businesses won't borrow (Independent) UBS posts seventh loss in two years (Guardian) UBS reports yet another big loss …
Things we're reading today include … Over the weekend there were loads of headline news articles, but here's the one that hit me right between the eyes. Today's must read Manipulation and abuse of the consumer credit reporting agenciesA white paper by Christopher Soghoian "This paper will present a number of loopholes and exploits against…
The biggest news stories of the week include: Bank regulation reform needs to be more radical, say MPs (Guardian)Let's scare the banks into lending with capital raising threat (Telegraph)Is high frequency trading a good or bad thing? (Telegraph)Was the AIG Bailout a Goldman Bailout by Proxy? (Seeking Alpha)ECB survey sees credit crunch easing (Euractiv)Lloyds Banking Group names…
Things we're reading today include … RBS 'is missing lending target' (BBC)UBS and US government reach deal over tax evasion dispute (Guardian) Banks' soaring profits boost calls for competition review (Guardian)Wall Street banks on state aid pay out million dollar bonuses (Telegraph)US votes to curb excess bonuses (BBC) FSCS pays out £21bn in 6 months to UK…
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