Things we're reading today include … RBS chief tries to defuse concern over pay (Times) FSA to add two new divisions in 'radical' overhaul, says chief executive Hector Sants (Telegraph) Probe launched after rogue trader costs City oil broker $10m (Guardian) Open warfare between Rolling Stone and Goldman Sachs (Times) Goldman Sachs bankers in line…
Things we're reading today include … Tesco linked to early sale of Northern Rock (Times)Win Bischoff set to lead Lloyds Banking Group (Times)Northern Rock losses grow by £1bn (Telegraph)Citi raises card rates on millions (Financial Times)Banks face a new social contract (Telegraph) Bank Woes Deepening in Europe (New York Times)Sweden rides to defence of hedge funds (Financial Times)Chinese bloggers hail Green…
Things we're reading today include … Today's must read: China Limits Use of ‘Virtual’ Currency (New York Times) "China issued regulations made public Tuesday aimed at cracking down on the use of virtual currencies amid worries that a huge underground economy was developing out of the country’s online gaming community. The rules, issued jointly by…
Things we're reading today include … Today's must read: China Limits Use of ‘Virtual’ Currency (New York Times) "China issued regulations made public Tuesday aimed at cracking down on the use of virtual currencies amid worries that a huge underground economy was developing out of the country’s online gaming community. The rules, issued jointly by…
Things worth reading today include … Today's must read: How the ECB’s fig leaf has completely withered away Anatole Kaletsky in the Times provides a fascinating analysis of the ECB's policies in Europe compared to the Federal Reserve in the USA."Unlike the Fed and the Bank of England, which only accept AAA public bonds as…
Things worth reading today include … Today's must read: How the ECB’s fig leaf has completely withered away Anatole Kaletsky in the Times provides a fascinating analysis of the ECB's policies in Europe compared to the Federal Reserve in the USA."Unlike the Fed and the Bank of England, which only accept AAA public bonds as…
Things worth reading today include … Today's must read: How the ECB’s fig leaf has completely withered away Anatole Kaletsky in the Times provides a fascinating analysis of the ECB's policies in Europe compared to the Federal Reserve in the USA."Unlike the Fed and the Bank of England, which only accept AAA public bonds as…
Things we're reading today include … Today's must read: PollyTrade Lets You Trade Stocks Via Twitter (Techcrunch) PollyTrade links "your Twitter account to your E*Trade account (more brokers will be added in the future based on user feedback), and subsequently enable you to do transactions using tweets that start with @pollytrade and include the respective…
Here are our key stories of the week: The Top 10 Investment Banks of 2009 The Top Ten of Everything SUN, IBM, SWIFT and more create a cloud crowd How accountable are the rating agencies for this mess? How to break trust with social media SmartyPig makes a Big Oink! Amazing survey result Desperate hedge…
Things we're reading today include … Companies: LSE takes tough new approach to technology (Financial Times) JPMorgan's investment banking gaining on Goldman (Reuters) Citi faces retail sales ban in Japan (Financial Times) Regions: Spain launches $12.7bn bank fund (BBC)Poland's euro adoption faces delay (Euractiv) China argues to replace US dollar (BBC) Five Banks Are Seized,…
