Chris Skinner's blog Shaping the future of finance
Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) 4 more banks fail, lifting …
Read More »Things worth reading: 25th April 2009
Things we're reading today include … UK: Bank seeks £40,000 compensation from teenage G20 protester (Guardian) Banks face fines for poor service (BBC) Tesco sales top £1bn a week – now retailer targets banks (Guardian) USA: Bad year for banks: (US) Failures surpass 2008 (CNN) 4 more banks fail, lifting …
Read More »Things worth reading: 24th April 2009
Things we're reading today include: Essex County Council sets up bank to help businesses in recession (Telegraph) Barclays investors vent anger over Middle Eastern fundraising (Guardian) Barclays revolt fuelled by shareholder anger (Times) Bank of America chief 'told to buy Merrill or face sack' (Guardian) Bank of America 'forced to …
Read More »Things worth reading: 23rd April 2009
Things we're reading include … Credit Suisse returns to profit (Financial Times) Morgan Stanley curtails Wall Street optimism (Independent) Bank of England reluctant to confirm green shoots (Independent) Sobering news ahead of stress test results (New York Times) Geithner hopes for short-lived recession (Financial Times)US accepts ‘blame’ for crisis ahead …
Read More »Things worth reading: 22nd April 2009
Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses as crunch costs spiral, IMF …
Read More »Things worth reading: 22nd April 2009
Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses as crunch costs spiral, IMF …
Read More »Things worth reading: 22nd April 2009
Things we're reading today include: British economy falls into deflation for first time since 1960 (Telegraph) Credit Suisse pays clients for Lehman losses (Times) Inside the Treasury, City financiers plot shape of the Budget (Times) Citigroup faces down furious investors (Independent) Britain faces biggest losses as crunch costs spiral, IMF …
Read More »Things worth reading: 21st April 2009
Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears (Telegraph) Stock markets hit by …
Read More »Things worth reading: 21st April 2009
Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears (Telegraph) Stock markets hit by …
Read More »Things worth reading: 21st April 2009
Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears (Telegraph) Stock markets hit by …
Read More »Things worth reading: 21st April 2009
Things we're reading today include …Results and Markets: Bank of America's Profit Mainly Due to Recent Deals (Washington Post)Six-week share rally founders as Bank of America reports surge in bad debts (Times) Asian stocks fall on bank fears (BBC) Global markets slide on banking fears (Telegraph) Stock markets hit by …
Read More »Things worth reading: 20th April 2009
Things we're reading today include … Companies:LSE to use Baikal platform to take on Europe (Financial Times) UBS seeking to drop accounts for undeclared EU cash: report (Reuters)Financial News: Power struggle at B. of A. Merrill Lynch (Market News) UK:Britain facing 'worst recession since World War II', Darling to admit in Budget (Telegraph) 'Worst of …
Read More »Things worth reading: 19th April 2009
Things we're reading today include: Citi trade profitable but now tough to execute (Reuters) RBS dismantles Sir Fred Goodwin’s trappings of power (Times) Ex-RBS banker 'blocked' by FSA (Telegraph) Bank of England holds crisis talks with seven building societies (Times) Alistair Darling: slump to end this year (Times) Bumper bank …
Read More »Things worth reading: 19th April 2009
Things we're reading today include: Citi trade profitable but now tough to execute (Reuters) RBS dismantles Sir Fred Goodwin’s trappings of power (Times) Ex-RBS banker 'blocked' by FSA (Telegraph) Bank of England holds crisis talks with seven building societies (Times) Alistair Darling: slump to end this year (Times) Bumper bank …
Read More »Things worth reading: 18th April 2009
Things we're reading today include: Citigroup back in the black for first time since 2007 (Independent) Citigroup has better quarterly figures but waits for results of stress test before converting stock (Times) Exchange traded funds: the City's best kept secret (Telegraph) Recovery on the horizon for banks and the Budget …
Read More »