It's been an interesting week, with much of it spent focused upon the trading community at TradeTech in Paris. Here are the key stories of the week: HSBC's David Bagley on the G20, Turner and Compliance US Q1 Bank Results: Just a Blip? FSA Liquidity Reporting to cost up to £2 billion Lower latency in…
Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) 4 more banks fail, lifting this year's tally to 29…
Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) 4 more banks fail, lifting this year's tally to 29…
Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) 4 more banks fail, lifting this year's tally to 29…
Things we're reading today include: Essex County Council sets up bank to help businesses in recession (Telegraph) Barclays investors vent anger over Middle Eastern fundraising (Guardian) Barclays revolt fuelled by shareholder anger (Times) Bank of America chief 'told to buy Merrill or face sack' (Guardian) Bank of America 'forced to conceal' Merrill rescue facts (Telegraph)…
Things we're reading include … Credit Suisse returns to profit (Financial Times) Morgan Stanley curtails Wall Street optimism (Independent) Bank of England reluctant to confirm green shoots (Independent) Sobering news ahead of stress test results (New York Times) Geithner hopes for short-lived recession (Financial Times)US accepts ‘blame’ for crisis ahead of IMF meeting (Telegraph) IMF…
Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses as crunch costs spiral, IMF warns (Independent) IMF withdraws claim…
Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses as crunch costs spiral, IMF warns (Independent) IMF withdraws claim…
Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses as crunch costs spiral, IMF warns (Independent) IMF withdraws claim…
Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears (Telegraph) Stock markets hit by BofA’s bleak forecast (Financial Times)…
Global 100 - 2024 Winner
Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023
Best Financial Markets Advisor of the Year 2023
