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Today's news headlines are dominated by HSBC's results, which show profits down 62% and a rights issue of $17 billion (£12.5 billion) at a discount on the share price of almost half (shares closed at £4.91 on Friday and the rights issue is 5 shares for every 12 at £2.54).  …

Today's news headlines are dominated by HSBC's results, which show profits down 62% and a rights issue of $17 billion (£12.5 billion) at a discount on the share price of almost half (shares closed at £4.91 on Friday and the rights issue is 5 shares for every 12 at £2.54).  …

Today's news headlines are dominated by HSBC's results, which show profits down 62% and a rights issue of $17 billion (£12.5 billion) at a discount on the share price of almost half (shares closed at £4.91 on Friday and the rights issue is 5 shares for every 12 at £2.54).  …

Things we're reading on 1st March 2009: Banks flock to Mandelson's £10bn fund (The Telegraph) State-funded banks face tax-avoidance inquiry (The TImes) HSBC takes £17bn hit on bad loans (The Times) HSBC to raise £12bn in rights issue (The Telegraph) HBOS ex-chief executive eyes US financial services job (The Independent) …

Things we're reading on 1st March 2009: Banks flock to Mandelson's £10bn fund (The Telegraph) State-funded banks face tax-avoidance inquiry (The TImes) HSBC takes £17bn hit on bad loans (The Times) HSBC to raise £12bn in rights issue (The Telegraph) HBOS ex-chief executive eyes US financial services job (The Independent) …

Things we're reading on 1st March 2009: Banks flock to Mandelson's £10bn fund (The Telegraph) State-funded banks face tax-avoidance inquiry (The TImes) HSBC takes £17bn hit on bad loans (The Times) HSBC to raise £12bn in rights issue (The Telegraph) HBOS ex-chief executive eyes US financial services job (The Independent) …

Things we're reading on 28th February 2009: Lloyds finds £80bn of high-risk loans at HBOS (The Independent) Saudi Prince Alwaleed helps Citigroup fight off threat of nationalisation (The Times) Congress in no mood for more bank bail-outs (Financial Times) One Bank Saves $23.5m By Better Managing Remote IT Facilities (Bank …

Things we're reading on 28th February 2009: Lloyds finds £80bn of high-risk loans at HBOS (The Independent) Saudi Prince Alwaleed helps Citigroup fight off threat of nationalisation (The Times) Congress in no mood for more bank bail-outs (Financial Times) One Bank Saves $23.5m By Better Managing Remote IT Facilities (Bank …

Things we're reading on 28th February 2009: Lloyds finds £80bn of high-risk loans at HBOS (The Independent) Saudi Prince Alwaleed helps Citigroup fight off threat of nationalisation (The Times) Congress in no mood for more bank bail-outs (Financial Times) One Bank Saves $23.5m By Better Managing Remote IT Facilities (Bank …

Things we're reading on 27th February 2009: Government's insurance for toxic assets is generous to a fault (The Telegraph) RBS and Lloyds nationalised in all but name, says Bank of England Governor Mervyn King (The Telegraph) Lloyds sees HBOS loss of £10.8bn (BBC – quotes Chris Skinner) Lloyds keen to …

Things we're reading on 27th February 2009: Government's insurance for toxic assets is generous to a fault (The Telegraph) RBS and Lloyds nationalised in all but name, says Bank of England Governor Mervyn King (The Telegraph) Lloyds sees HBOS loss of £10.8bn (BBC – quotes Chris Skinner) Lloyds keen to …

Things we're reading on 27th February 2009: Government's insurance for toxic assets is generous to a fault (The Telegraph) RBS and Lloyds nationalised in all but name, says Bank of England Governor Mervyn King (The Telegraph) Lloyds sees HBOS loss of £10.8bn (BBC – quotes Chris Skinner) Lloyds keen to …

Things we're reading on 27th February 2009: Government's insurance for toxic assets is generous to a fault (The Telegraph) RBS and Lloyds nationalised in all but name, says Bank of England Governor Mervyn King (The Telegraph) Lloyds sees HBOS loss of £10.8bn (BBC – quotes Chris Skinner) Lloyds keen to …

Things we're reading today include: Taxpayer to guarantee £600 billion of toxic debt in effort to save ailing banks (The Times) State to insure £300bn of RBS assets (The Financial Times) RBS due to report record UK loss (BBC) £650,000 pension for former RBS chief Sir Fred Goodwin (The Times) …

Things we're reading today include: Savers withdraw record amount from banks (The Telegraph) LCH.Clearnet moots major fees shake-up Report urges (Financial Times) Police raid on Anglo Irish Bank hits stock market (The Telegraph) German CDS debt spreads hit record as economy crumbles (The Telegraph) Report urges EU finance watchdog (BBC) …