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Things worth reading: 9th May 2009

Things we're reading today include … UK: Stephen Hester (RBS): I don't see any green shoots (Telegraph)RBS warns of 'tough' times ahead (BBC) Pssst! RBS bill might vanish (Times) Icap consortium bids for LCH.Clearnet (Financial Times) Europe: It will be twice as bad as we predicted, says Brussels (Guardian) USA: US banks claim line softened…

Things worth reading: 9th May 2009

Things we're reading today include … UK: Stephen Hester (RBS): I don't see any green shoots (Telegraph)RBS warns of 'tough' times ahead (BBC) Pssst! RBS bill might vanish (Times) Icap consortium bids for LCH.Clearnet (Financial Times) Europe: It will be twice as bad as we predicted, says Brussels (Guardian) USA: US banks claim line softened…

Things worth reading: 9th May 2009

Things we're reading today include … UK: Stephen Hester (RBS): I don't see any green shoots (Telegraph)RBS warns of 'tough' times ahead (BBC) Pssst! RBS bill might vanish (Times) Icap consortium bids for LCH.Clearnet (Financial Times) Europe: It will be twice as bad as we predicted, says Brussels (Guardian) USA: US banks claim line softened…

Things worth reading: 8th May 2009

Things we're reading today include … Royal Bank of Scotland results: RBS expects bad loans to mount in 2009 (Telegraph) RBS profit wiped out by £4.9bn in bad debts (Times) Royal Bank of Scotland makes £44m loss as loans go sour (Independent) Other UK bank results: Lloyds Banking Group ‘profit warning’ sends shares down and…

Things worth reading: 8th May 2009

Things we're reading today include … Royal Bank of Scotland results: RBS expects bad loans to mount in 2009 (Telegraph) RBS profit wiped out by £4.9bn in bad debts (Times) Royal Bank of Scotland makes £44m loss as loans go sour (Independent) Other UK bank results: Lloyds Banking Group ‘profit warning’ sends shares down and…

Things worth reading: 7th May 2009

Things we're reading today include: Companies: Barclays and Lloyds reveal steep rise in bad debts (Times) Barclays pre-tax profits up 15% (BBC) Lloyds shareholders consider protest over Victor Blank's re-election (Guardian) Royal Bank of Scotland overhauls executive team (Guardian) BNP’s balance sheet cheers European banks (Financial Times) Surprise: AIG bonuses more than first reported (MSN)…

Things worth reading: 6th May 2009

Things we're reading today include: StanChart expects record earnings despite uncertainty over global economic conditions (South China Morning Post) 666: Goldman's latest bonus bears the mark of the beast (Independent) Two accused of credit default insider trading (Times) US banking giants face demands to bolster capital cushions (Independent) U.S. Says Bank of America Needs $33.9…

Things worth reading: 6th May 2009

Things we're reading today include: StanChart expects record earnings despite uncertainty over global economic conditions (South China Morning Post) 666: Goldman's latest bonus bears the mark of the beast (Independent) Two accused of credit default insider trading (Times) US banking giants face demands to bolster capital cushions (Independent) U.S. Says Bank of America Needs $33.9…

Things we’re reading: 5th May 2009

Things we're reading today include: UK: Time runs short for LCH.Clearnet (Financial Times) Merger spells end for Liba (Financial Times) Study reveals true extent of 'old boys network' between Government and banks (Scotland on Sunday) City in danger of falling victim to EU wiles and becoming another Antwerp (Telegraph)EC demolishes Alistair Darling's recovery forecasts (Telegraph)…

Things worth reading: 4th May 2009

Things we're reading today include: Barclays and Ghana plan tax haven (Guardian) Financials give bourses biggest gains (Financial Times) New BofA chairman must prove independence (Reuters) Report: Citigroup may need $10B in extra capital (Phillyburbs) Citi acts on stress tests (Telegraph) Tug-of-war over stress tests shows banks have become too powerful (Telegraph)Buffett Dismisses Government Stress…

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