After the live Twitter feed of the G20 protests yesterday, along with the Fool's Jokes, it's back to normality today. Here's what we're reading: RBS locked in talks with Treasury over renegotiating terms of insurance scheme (Guardian) Shareholders want Lloyds Banking Group bosses to go (Times) Russia backs return to Gold Standard to solve financial…
I posted a bunch of jokey stuff this morning as an April Fool. Here are the real things worth reading. Faster Isa transfers as banks join electronic scheme (Telegraph) Barclays and CVC locked in talks over iShares sale (Guardian) FSA proposes tenfold rise in saver protection (Times) Mastercard agrees to cut fees in Europe (Financial…
Things we're reading today include: Barclays shuns toxic asset scheme (BBC) UK banks set for recovery, says bail-out chief (Financial Times) Gordon Brown: 'Bankers must obey right and wrong like children' (Telegraph) Geithner announces 'new rules of the game' for Wall Street (Guardian) Why Berlin Says U.S. 'Bad Bank' Plan Is Bad (Time) China and…
Things we're reading today include: Nationwide takes over Dunfermline (BBC) Tesco to open bank branches in its stores (Financial Times) Spanish government takes over bank (CNN) Commonwealth Bank all a-Twitter over mortgage approval tweet (News Australia) Sitting on huge liquidity, State Bank of India sees downward correction (Financial Express) Going for broke is no longer…
Things we're reading today include: Nationwide takes over Dunfermline (BBC) Tesco to open bank branches in its stores (Financial Times) Spanish government takes over bank (CNN) Commonwealth Bank all a-Twitter over mortgage approval tweet (News Australia) Sitting on huge liquidity, State Bank of India sees downward correction (Financial Express) Going for broke is no longer…
Biggest news of the year so far, apart from the collapse of the financial system, is that the Canadians have found a vast computer spy network, according to New York Times. "In a report to be issued this weekend, the researchers said that the system was being controlled from computers based almost exclusively in China,…
Biggest news of the year so far, apart from the collapse of the financial system, is that the Canadians have found a vast computer spy network, according to New York Times. "In a report to be issued this weekend, the researchers said that the system was being controlled from computers based almost exclusively in China,…
Things we're reading today. News about the industry: Concern over new current accounts (BBC) George Soros: Britain may have to seek IMF rescue (Times) A Europe without leadership (Welt) Time to drown those sorrows at Hong Kong's party (Times) Wall Street promises to work with Washington (Independent) Deposits Continue to Flood Community Banks (Pitch Engine)…
Things we're reading today. News about the industry: Concern over new current accounts (BBC) George Soros: Britain may have to seek IMF rescue (Times) A Europe without leadership (Welt) Time to drown those sorrows at Hong Kong's party (Times) Wall Street promises to work with Washington (Independent) Deposits Continue to Flood Community Banks (Pitch Engine)…
There are loads of things we’re reading today, so we need to place them in sections. First, there’s the big news that Barclays Bank has cleared the crisis according to the FSA, and needs no new capital whilst they trip up in the USA: Barclays gets green light from FSA (Telegraph) Barclays shares soar as…
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