Things we're reading today include … Today's must read What’s next for global banks – McKinsey In 2008, as the credit crisis broke, banks underwent near-death experiences on a massive scale. Last year, many enjoyed a recovery that was nearly as abrupt. In the intense uncertainty that ensued, bankers around the world have rightly shifted…
Things we're reading today include … Today's must read: Banknotes: facts and figures – The Telegraph 1.5 billion – the number of £20 notes (worth £30 billion) in circulation, of which an estimated 150 million (worth £3 billion) are Elgar notes. £48 billion – the total value of bank notes in circulation, up by £10…
The biggest news stories of the week include … How Obama Screwed Volcker – The Daily Beast Record profits at Standard Chartered but bad debts rise The Independent HSBC's £7bn profits to offer insight into Asian economy The Telegraph Turner: Cost of bank bailout was small compared to instability The Independent 'Robin hood' bank tax…
Things we're reading today include … Bonuses HSBC boss Michael Geoghegan paid £800,000 a year to move to Hong Kong – The TelegraphCity headhunter warns of banker exodus over bonus row – The TelegraphBrokers escape bonus tax – The Telegraph Companies Citigroup chief thanks US taxpayer for bailout – The TimesBofA warrants net $1.5bn –…
Things we're reading today include … Record profits at Standard Chartered but bad debts rise – The Independent Standard Chartered to be listed in Mumbai – The Times AIB £2.4bn loss is just the start of its problems, say analysts – The Telegraph Hedge funds raise bets against euro – Financial Times Money sharing on…
Things we're reading today include … Turner: Cost of bank bailout was small compared to instability – The Independent FSA: Starting over on protecting consumers – The Independent Washington aide ‘has changed mind’ over proprietary trading – The Times 'Robin hood' bank tax wins backing of Japanese foreign minister – The Telegraph Turner hints prop…
Things we're reading today include … HSBC's results HSBC's £7bn profits to offer insight into Asian economy – The Telegraph HSBC chief Michael Geoghegan to donate £4m bonus to charity as bank's profits rise 23pc to £7.2bn – The Telegraph HSBC hands top banker £9 million bonus – The Times Other companies Goldman beats its…
Things we're reading today include … Today's must read: The president needed the gravitas of the former Fed chairman to sell his bank reform to Wall Street. But when the big banks didn't buy it, Obama sold him out.How Obama Screwed Volcker – The Daily Beast People Warren Buffett raps failed bank chiefs –…
The biggest news stories of the week include … The Future of Money: It’s Flexible, Frictionless and (Almost) Free – Wired Banks have paid their pound of flesh, now the pillorying must stop – The Telegraph Barnier visits City in bid to calm anger over EU regulation plans – The Telegraph Bank of England chief…
Things we're reading today include … Today's must read: Mervyn King: 'We live in a fool's paradise' – The Independent The world is living in a financial "fool's paradise", according to the Governor of the Bank of England, Mervyn King, who has called for radical reform of the financial system and the break-up of big…
