Things we’re reading today include … Companies: Barclays to close pension to 17,000 workers (Times)Lloyds Banking Group to cut a further 510 jobs (Telegraph) Markets: Exchanges warn on OTC clearing (Financial Times) Merkel mauls central banks(Financial Times) FDIC stalls sale of toxic loans (Financial Times) Rise in global corruption fears (BBC) The Barter Economy Returns (Mint…
Things we’re reading today include … Companies: Barclays to close pension to 17,000 workers (Times)Lloyds Banking Group to cut a further 510 jobs (Telegraph) Markets: Exchanges warn on OTC clearing (Financial Times) Merkel mauls central banks(Financial Times) FDIC stalls sale of toxic loans (Financial Times) Rise in global corruption fears (BBC) The Barter Economy Returns (Mint…
Things we're reading today include: Barclays’ Mideast investors cash in after six months (Financial Times)Sheikh Mansour has been ahead of the game on Barclays (Telegraph)BBVA offers staff five years’ leave (Financial Times) Fed Said to Raise Requirements for Banks to Repay TARP Funds (Bloomberg) Bank of America nears $34 billion 'stress test' goal (Chicago Tribune)Citi…
Things we're reading today include: Barclays’ Mideast investors cash in after six months (Financial Times)Sheikh Mansour has been ahead of the game on Barclays (Telegraph)BBVA offers staff five years’ leave (Financial Times) Fed Said to Raise Requirements for Banks to Repay TARP Funds (Bloomberg) Bank of America nears $34 billion 'stress test' goal (Chicago Tribune)Citi…
Things we're reading today include … JPMorgan to raise $5bn in share sell-off (Independent) Goldman Sachs sells China bank stake to repay US bail-out (Telegraph) Gordon Brown's financial regulation system 'made downturn worse' (Telegraph)Hand regulation back to Bank, says powerful Lords committee (Independent)FSA extends disclosure for short sellers (Financial Times) OTC derivatives plan lifts shares (Financial Times) The Ten Largest…
Things we’re reading today include … UK: Reluctant clearer LCH sits round table to thrash out higher bid from consortium (Times) Lloyds faces shareholder backlash on board pay (Guardian) Investors blast secrecy over Rock (Guardian) Executive bonus clawbacks catch on beyond banks (Telegraph) FSA bonuses rise by 40pc in spite of financial crisis (Telegraph) FSA steps up battle against…
Things we're reading today include: Northern Rock risk revealed in 2004 (Financial Times) Lloyds investors urged to spurn Blank (Financial Times) London Metal Exchange joins bid for LCH.Clearnet (Financial Times) LSE and Plus resolve legal dispute (Financial Times) The financial crisis and the role of central banks: The experience of the ECB, speech by Jean-Claude Trichet,…
Things we're reading today include: Northern Rock risk revealed in 2004 (Financial Times) Lloyds investors urged to spurn Blank (Financial Times) London Metal Exchange joins bid for LCH.Clearnet (Financial Times) LSE and Plus resolve legal dispute (Financial Times) The financial crisis and the role of central banks: The experience of the ECB, speech by Jean-Claude Trichet,…
Things worth reading today include … Western Union malware attack rides into inboxes (Sophos Blog)Wachovia’s Ken Thompson lands at PE firm (The Deal) FSA reveals its ‘severe’ bank stress tests but hides results (Independent) Bank stress tests too easy, analysts say (Telegraph)FSA doomsday package includes a free massage for stressed banks (Telegraph) Brussels to step…
