Chris Skinner's blog

Shaping the future of finance

Reading

Things worth reading: 14th October 2010

Things we're reading today include … Norwegians convicted for outwitting trading system - Financial TimesStandard Chartered in shock £3.5bn cash call - The IndependentStandard Chartered warns of 'significant uncertainty' over new capital rules - The TelegraphPress release Eurosystem publishes oversight frameworks for credit transfer and direct debit schemes - ECBLloyds job cuts break 20,000 barrier as another 4,500 go - The IndependentJP Morgan reports $4.4bn…

Things worth reading: 13th October 2010

Things we're reading today include … 'New regulator will fail without top-notch staff', warn finance chiefs - The Telegraph Cashless Payments in India – A Roadmap - Payments News Gold to hit record $1,650 an ounce within a year, say Goldman Sachs analysts - The Independent Greifeld says no repeat of 'flash crash' - Financial Times Standard Chartered plans $5bn cash call - The Telegraph…

Things worth reading: 12th October 2010

Things we're reading today include … Bank bail-out 'a good investment' - BBCFragmented markets gave HFT rationale, says Rolet - Financial TimesBanks must avoid 'toxic' bonuses in era of austerity, CBI chief Richard Lambert warns - The TelegraphBankers prepare for massive pay rises - The IndependentBanks 'complicit' in corruption - BBCCity in uproar over new bonus rules - The TelegraphCBI leader calls for bank bonuses 'ceasefire' as…

Things worth reading: 11th October 2010

Things we're reading today include … Banks to fight EU bonus rules - The IndependentIMF warns countries to work together or face wars - The IndependentFSA slower to approve new businesses - Financial TimesLeading bankers warn that new rules will hit recovery - The IndependentBank for International Settlements 'dangerously underestimates true cost of reforms' - The TelegraphBarclays joins bidding for Egg - The TelegraphInterview Jean-Claude Trichet: Interview…

The Finanser’s Week: 4th October – 10th October 2010

Our biggest stories of the week are … How much gold is in the Fed? Being in New York this week, I decided to relax today and booked a trip around the vaults of the Federal Reserve Bank of New York. This was on a recommendation from a friend, and proved to be interesting, especially…

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Things worth reading: 8th October 2010

Things we're reading today include … Britain's banks 'ain't broke' so don't fix them, says UBS – The Telegraph Central bankers are huddling in search of a magic elixir to ward off deflation – Washington Post Regulating Swiss banks: First mover – The Economist We shouldn't care if bankers are well paid, as long as…

Things worth reading: 7th October 2010

Things we're reading today include: RBS chairman Sir Philip Hampton says a lot of bankers are overpaid – The Telegraph Fees key to Amex clash with DoJ – Financial Times Prosper Releases Person-to-Person Lending Metrics – Payments News EU could force banks to offer everyone current accounts – The Telegraph EMV Card And Terminal Deployments…

Things worth reading: 6th October 2010

Things we're reading today include: Tesco to launch mortgages and current accounts – The Independent Warren Buffett says in future Wall Street chiefs should go broke – and their wives – The Telegraph Card fraud at lowest for 10 years – BBC Banks' $4 trillion debts are 'Achilles' heel of the economic recovery', warns IMF…

Things worth reading: 5th October 2010

Things we're reading today include … City set for '£7bn' bonus pool but taxman gets bigger slice – The Telegraph PM warns banks of 'intolerable' bonuses – BBC Roman Abramovich's Millhouse warns Ireland of legal action over Irish Nationwide bail-out – The Telegraph FSA 'stress tests' would ban half of all mortgages, warn lenders –…

Things worth reading: 4th October 2010

Things we're reading today include … Tesco mortgage lending delayed as regulator toughens up approval – The Telegraph Joseph Stiglitz: the euro may not survive – The Telegraph New banking opportunities open up – Financial Times Commission kills hopes of Lloyds or RBS sell-off – The Independent Report examines May's 'flash crash,' expresses concern over…