Things we're reading today include: Possible candidates to replace Blank (Financial Times) Lehman seeks probe into sale to Barclays (Financial Times)Lazard man gets shake-up post at (US) Treasury (Financial Times)American Express cuts 4,000 jobs (BBC) Accessing financial services 'difficult for Europe's poor' (Euractiv) US shares soar on home hopes (Times)Paulson bids to make new killing…
Things we're reading today include: Possible candidates to replace Blank (Financial Times) Lehman seeks probe into sale to Barclays (Financial Times)Lazard man gets shake-up post at (US) Treasury (Financial Times)American Express cuts 4,000 jobs (BBC) Accessing financial services 'difficult for Europe's poor' (Euractiv) US shares soar on home hopes (Times)Paulson bids to make new killing…
Things we're reading today include … UK: Blank exit is a sorry end to HBOS disaster (Telegraph)Over-ambitious Blank counts cost of the 'deal of a lifetime' (Telegraph)Lord Leitch makes early running in the race to chair Lloyds Banking Group (Times) RBS could reveal top managers' pay (Daily Mail) Building society in rescue talks (Times)Branson plans launch…
Here are our key stories of the week: Bank dinosaurs are bank's worst enemy Using video as evidence of compliance Who needs traders … get a rat The danger that SEPA may not happen Quantifying people's views on SEPA The Dark Economy Using mobiles as a financial channel Shoot the banker … Bank dinosaurs are…
Things we're reading today include: Regulator expects bank chiefs to lose jobs (Financial Times) BofA shareholders agree: Time for a new board (The Deal) Big loss from Singapore bank sale (of BoA) (BBC)Berkshire invests in Wells Fargo, US Bancorp (Boston Globe) Latest UK Payments Statistics (4 page pdf from APACS)Ireland's Celtic Tiger may be gone for good (Independent)Doubts…
Things we're reading today include: Regulator expects bank chiefs to lose jobs (Financial Times) BofA shareholders agree: Time for a new board (The Deal) Big loss from Singapore bank sale (of BoA) (BBC)Berkshire invests in Wells Fargo, US Bancorp (Boston Globe) Latest UK Payments Statistics (4 page pdf from APACS)Ireland's Celtic Tiger may be gone for good (Independent)Doubts…
Things we're reading today include: Barclays in $10bn talks over BGI sale (Financial Times)Deal with CVC in doubt after Barclays opens talks over sale of BGI (Times) RBS declines as margin worries weigh (Independent) MPs attack 'self-pitying bankers and naive Myners' in new report (Independent) MPs round on Lord Myners in attack on City pay culture (Telegraph)Bankers…
Things we're reading today include: Barclays in $10bn talks over BGI sale (Financial Times)Deal with CVC in doubt after Barclays opens talks over sale of BGI (Times) RBS declines as margin worries weigh (Independent) MPs attack 'self-pitying bankers and naive Myners' in new report (Independent) MPs round on Lord Myners in attack on City pay culture (Telegraph)Bankers…
Things we're reading today include … Companies: Morgan Stanley fined £1.4m for failure to supervise trader Matthew Piper (Telegraph)AIG bonuses not a surprise (Denver Post)Advanta’s Card-Lending Shutdown May Imperil Customers (Bloomberg) UK: Bank sees slow economic recovery (BBC) Bank of England believes recession has probably bottomed out (Guardian) Europe: Belgian cabinet discusses bail-out of KBC (Financial Times)Germany…
Things we're reading today include: Clearer wants a deal with bidders (Telegraph)Old rule saves Citi directors in investor poll (Financial Times) BofA raises $7.3bn from CCB stake (Financial Times) Freddie Mac asks for more US aid (BBC) Economy may have gone past low point (Financial Times) IMF urges stress tests on European banks (Financial Times) Fed boss:…
