Things we’re reading today include: Big jump in online banking fraud (BBC) Barclays ‘corrupt regime’ claim (BBC) Guardian loses legal challenge over Barclays documents gagging order (Guardian) Lord Turner’s key recommendations on banking regulation (Telegraph) Turner review blames ‘exaggerated faith’ in markets for financial crisis (Guardian) FSA’s last weapon in the new financial world will…
Things we’re reading today include: Big jump in online banking fraud (BBC) Barclays ‘corrupt regime’ claim (BBC) Guardian loses legal challenge over Barclays documents gagging order (Guardian) Lord Turner’s key recommendations on banking regulation (Telegraph) Turner review blames ‘exaggerated faith’ in markets for financial crisis (Guardian) FSA’s last weapon in the new financial world will…
Things we're reading today include: MPs condemn Barclays gag on Guardian over tax papers (Guardian) UniCredit seeks €4bn aid (Financial Times) Armed guards at AIG offices after death threats over bonuses (Times) IBM eyes Sun Microsystems for $6.5bn (Times) City watchdog reveals plan for financial overhaul (Independent) Financial products could be banned in banking overhaul…
Things we're reading today include: Standard Chartered says bank enjoyed a 'strong' start to the year (Telegraph) Barclays' price of independence (Times) Barclays boss sees future in small stuff (Telegraph) Goldman Offers Loans to Stretched Employees (New York Times) Citi Chief’s Compensation Was $38.2 Million for 2008 (New York Times) Voluntary code to make banks…
Things we're reading today include: Cherie Blair hired to sue RBS and Sir Fred Goodwin (Telegraph) Barclays under pressure to sell $1 trillion BGI business (Telegraph) HSBC bailout 'unthinkable' (Straits Times) AIG says it spent some bailout money paying banks (Charleston Daily Mail) Bernanke hopeful for US recovery (BBC) G20 summit approves IMF cash boost…
Things we're reading today include: Cherie Blair hired to sue RBS and Sir Fred Goodwin (Telegraph) Barclays under pressure to sell $1 trillion BGI business (Telegraph) HSBC bailout 'unthinkable' (Straits Times) AIG says it spent some bailout money paying banks (Charleston Daily Mail) Bernanke hopeful for US recovery (BBC) G20 summit approves IMF cash boost…
UK: Barclays tax dodge ‘nets £1bn a year ’ (The Times) Barclays starts £5bn funds sale (The Times) Citi guarantees bonuses for London hires (Reuters) 'Laughable' new fraud initiative (Independent) Banks are squeezing us for billions (The Times) We need more risk and less regulation of the financial sector (Telegraph) AIG London unit not regulated…
UK RBS (collapse) would break Scotland (BBC) USA Citigroup to induct 4 ‘professional’ directors in board shake-up news (domain-b.com) World World Bank tells G20 finance ministers fix banks before boosting growth (Guardian) UBS: Called to account (The Economist) Switzerland breaks with tradition on tax evasion (Cleveland.com) Beginning of the end for tax havens (Guardian) China’s…
UK RBS (collapse) would break Scotland (BBC) USA Citigroup to induct 4 ‘professional’ directors in board shake-up news (domain-b.com) World World Bank tells G20 finance ministers fix banks before boosting growth (Guardian) UBS: Called to account (The Economist) Switzerland breaks with tradition on tax evasion (Cleveland.com) Beginning of the end for tax havens (Guardian) China’s…
Things we're reading today include … UK: Sants says FSA will toughen stance (Financial Times) Sants tells City to be 'frightened' of the FSA (Times) Hector Sants says bankers should be 'very frightened' by the FSA (Telegraph) Ban on shorting banks failed miserably, say experts (Financial Times) RBS avoided £500 million of tax in global…
