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…
Things we're reading today include … UK: Short-sellers target Standard Chartered (Telegraph) Paulson may have made £300m shorting Lloyds and HBOS (Telegraph) Bank of England's launch of quantitative easing a qualified success (The Times) Under King's rule, conventional gilts are now suddenly sexy (Guardian) Jeremy Warner: Is the Bank shooting at the wrong target in…
Things we're reading today include … UK: Short-sellers target Standard Chartered (Telegraph) Paulson may have made £300m shorting Lloyds and HBOS (Telegraph) Bank of England's launch of quantitative easing a qualified success (The Times) Under King's rule, conventional gilts are now suddenly sexy (Guardian) Jeremy Warner: Is the Bank shooting at the wrong target in…
Things worth reading today include … UK: Barclays in the spotlight as next APS candidate (The Independent) Redundancy insurers add bank staff to blacklist (The Times) Savers set to pay for bank accounts, as Bank of England reveal rates have hit record low (The Telegraph) USA: Bernard Madoff faces 150 years as he agrees to…
Things worth reading today include … UK: Barclays in the spotlight as next APS candidate (The Independent) Redundancy insurers add bank staff to blacklist (The Times) Savers set to pay for bank accounts, as Bank of England reveal rates have hit record low (The Telegraph) USA: Bernard Madoff faces 150 years as he agrees to…
Things we're reading today include: Barclays warned on toxic asset dumping (Financial Times) Barclaycard and Orange unveil pay-by-mobile service (Telegraph) Ex-banker jailed for blackmail attempt (Financial Times) Pound slides as bank shares hit (BBC) Exposed: the banks’ cosy ties to watchdog (The Times) Stocks Push Higher on Citigroup’s Upbeat Memo (New York Times) Hedge funds…
Things we're reading today include: Barclays warned on toxic asset dumping (Financial Times) Barclaycard and Orange unveil pay-by-mobile service (Telegraph) Ex-banker jailed for blackmail attempt (Financial Times) Pound slides as bank shares hit (BBC) Exposed: the banks’ cosy ties to watchdog (The Times) Stocks Push Higher on Citigroup’s Upbeat Memo (New York Times) Hedge funds…
Things we're reading today include: Lloyds chief Sir Victor Blank cannot escape blame over HBOS (Telegraph) Lloyds chiefs fight for their lives over £260bn bailout (Independent) Barclays shares plunge on Treasury debt talks (The Times) Conservatives could ask Bank of England to take over bank regulation from FSA (Telegraph) Madoff guilty plea on the cards…
Things we're reading today include: Lloyds boss to come clean on tax (The Times) Angry investors call for heads of Lloyds bosses (Independent) Bank of England's £150bn injection may not work, economists warn (Telegraph) Treasury blocks Bank of England chair (Telegraph) Why the Bank of England may have just signed free banking's death warrant (Independent) …
