Things we're reading today include … Companies: FSA punishes third Morgan Stanley trader (Times) FSA bans third ex-Morgan Stanley trader (Telegraph) ‘Robust’ business for Deutsche Bank (Financial Times) PwC rejects global plan for Lehman recoveries (Telegraph) Citigroup to hold fast in China and India (Financial Times) JPMorgan’s WaMu Windfall Turns Bad Loans Into Income (Bloomberg) Markets: OTC derivative clearing opened to…
Things we're reading today include … MP urges probe into HBOS loans (BBC) German debts set to blow 'like a grenade' (Telegraph) Iceland asks parliament to start EU talks (Euractiv)Integration and innovation – The Alpha and Omega of a successful retail payments market in Europe, speech by Jean-Claude Trichet, President of the ECBHank Paulson Admits…
Things we're reading today include: DTCC open to talks on LCH merger (Financial Times)RBS chiefs handed £5m in bonuses (Times) Brazilian bank develops taste for life in London (Times)Wonga pushes web loan innovation (Financial Times) Banks may miss key lending targets (Telegraph)Brown to Bank: lighten up (Financial Times)British banks revolt against Obama tax plan (Telegraph) Bank…
Here are our key stories of the week: Robert Peston presents … Stéphane Garelli presents … Alistair Darling presents … The total view on SEPA and the PSD Bank makes a billion This firm is full of it … Winners in Capital Markets Tech The Great Hargeisa Goat Bubble Weird Banking News Robert Peston presents…
Things we're reading today include: Companies: HSBC chairman faces down angry investors (Guardian)HSBC may rethink U.S. credit cards (Reuters)HSBC warns branch network 'uneconomic' (Telegraph)RBS appoints Crombie to board (Financial Times)Clara Furse: A stubborn City champion who batted for the Stock Exchange (Guardian)Santander decides to leave Venezuela (Financial Times) UK: Treasury rejects move to reveal bank stress tests (Independent)FSA mulls more data…
Things we're reading today include: Companies: HSBC chairman faces down angry investors (Guardian)HSBC may rethink U.S. credit cards (Reuters)HSBC warns branch network 'uneconomic' (Telegraph)RBS appoints Crombie to board (Financial Times)Clara Furse: A stubborn City champion who batted for the Stock Exchange (Guardian)Santander decides to leave Venezuela (Financial Times) UK: Treasury rejects move to reveal bank stress tests (Independent)FSA mulls more data…
Things we're reading today include … Citigroup looks to slash tech costs (Financial Times) Little evidence of quantitative easing boosting lending (Telegraph) Beleaguered banks fail to boost level of lending (Times) UK credit rating under threat as debt hits £8.5bn (Times)Rating agency warning on UK debt (BBC) Ratings agency downgrades outlook for UK economy (Guardian) London's financial status is safe, says…
Things we're reading today include … Citigroup looks to slash tech costs (Financial Times) Little evidence of quantitative easing boosting lending (Telegraph) Beleaguered banks fail to boost level of lending (Times) UK credit rating under threat as debt hits £8.5bn (Times)Rating agency warning on UK debt (BBC) Ratings agency downgrades outlook for UK economy (Guardian) London's financial status is safe, says…
Things we're reading today include: Lloyds warns of EU sell-off threat (Guardian)Lloyds Banking Group prepares shareholders for possible price of receiving state aid (Times)Lloyds boss's account drained by Barclays thief (Daily Mail) New chief, new focus at the LSE (Financial Times)BofA seeks to repay $45bn by end of year (Financial Times)Fresh bail-out hopes lift GMAC (Financial Times) IMF praise for…
Things we're reading today include: Lloyds warns of EU sell-off threat (Guardian)Lloyds Banking Group prepares shareholders for possible price of receiving state aid (Times)Lloyds boss's account drained by Barclays thief (Daily Mail) New chief, new focus at the LSE (Financial Times)BofA seeks to repay $45bn by end of year (Financial Times)Fresh bail-out hopes lift GMAC (Financial Times) IMF praise for…
