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Things worth reading: 7th May 2009

Things we're reading today include: Companies: Barclays and Lloyds reveal steep rise in bad debts (Times) Barclays pre-tax profits up 15% (BBC) Lloyds shareholders consider protest over Victor Blank's re-election (Guardian) Royal Bank of Scotland overhauls executive team (Guardian) BNP’s balance sheet cheers European banks …

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The Susan Boyle Bank

Susan boyle

I’ve talked before about the new economics of banking and how the businesses we ran ten years ago should now cost 80% less to run. For example, 80% of the costs of the Financial Services Club would have been in mailing, telephone and printing ten …

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Things worth reading: 6th May 2009

Things we're reading today include: StanChart expects record earnings despite uncertainty over global economic conditions (South China Morning Post) 666: Goldman's latest bonus bears the mark of the beast (Independent) Two accused of credit default insider trading (Times) US banking giants face demands to bolster …

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Things worth reading: 6th May 2009

Things we're reading today include: StanChart expects record earnings despite uncertainty over global economic conditions (South China Morning Post) 666: Goldman's latest bonus bears the mark of the beast (Independent) Two accused of credit default insider trading (Times) US banking giants face demands to bolster …

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Top 10 CEO salaries of 2008

The Huffington Post published the list of the Top 10 CEO pay packages for 2008. The list is based upon the Associated Press formula which adds up salary, benefits, bonuses, preferential interest rates on pay set aside for later and company estimates for the value …

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Things we’re reading: 5th May 2009

Things we're reading today include: UK: Time runs short for LCH.Clearnet (Financial Times) Merger spells end for Liba (Financial Times) Study reveals true extent of 'old boys network' between Government and banks (Scotland on Sunday) City in danger of falling victim to EU wiles and …

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Things worth reading: 4th May 2009

Things we're reading today include: Barclays and Ghana plan tax haven (Guardian) Financials give bourses biggest gains (Financial Times) New BofA chairman must prove independence (Reuters) Report: Citigroup may need $10B in extra capital (Phillyburbs) Citi acts on stress tests (Telegraph) Tug-of-war over stress tests …

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Things worth reading: 4th May 2009

Things we're reading today include: Barclays and Ghana plan tax haven (Guardian) Financials give bourses biggest gains (Financial Times) New BofA chairman must prove independence (Reuters) Report: Citigroup may need $10B in extra capital (Phillyburbs) Citi acts on stress tests (Telegraph) Tug-of-war over stress tests …

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Things worth reading: 2nd May 2009

Things we're reading today include … Companies: Citi to sell Nikko to SMFG for $7.8bn (Financial Times) Citigroup scrambles to raise capital (Financial Times) Any Citi capital need seen as manageable-sources (Reuters) More bonuses for Citigroup's bankers? Yes (MSN) How Goldman Sachs took over the …

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Things worth reading: 2nd May 2009

Things we're reading today include … Companies: Citi to sell Nikko to SMFG for $7.8bn (Financial Times) Citigroup scrambles to raise capital (Financial Times) Any Citi capital need seen as manageable-sources (Reuters) More bonuses for Citigroup's bankers? Yes (MSN) How Goldman Sachs took over the …

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Things worth reading: 1st May 2009

The_week_12076_27

Things worth reading today include … UK: DTCC pulls out of merger talks with LCH.Clearnet (Times)Lloyds chief in line for £4m share award (Telegraph) Barclays in £3.4bn bond exchange (Financial Times) Europe: Milan Police Seize UBS, JPMorgan, Deutsche Bank Funds (Bloomberg)NYSE Euronext steps up cost …

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Things worth reading: 30th April 2009

Things we're reading today include … Companies: Banco Santander hit by bad debt provisions (Times) SocGen chief resigns over 'personal attacks' (Times) Analysis: Aloof Bouton sealed his fate (Times) Citigroup scrambles to raise capital (Financial Times) Markets: London Ponders Its Future as Financial Powerhouse (New …

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Things worth reading: 30th April 2009

Things we're reading today include … Companies: Banco Santander hit by bad debt provisions (Times) SocGen chief resigns over 'personal attacks' (Times) Analysis: Aloof Bouton sealed his fate (Times) Citigroup scrambles to raise capital (Financial Times) Markets: London Ponders Its Future as Financial Powerhouse (New …

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Insider Trading and Twitter

TwitLeeson

I wondered recently about the potential of market abuse in new social media.  This was inspired by an April Fool from the Insurance Post, which had the headline: "FSA proposes ban on social networking sites". "The Financial Services Authority has called for a ban of …

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Insider Trading and Twitter

TwitLeeson

I wondered recently about the potential of market abuse in new social media.  This was inspired by an April Fool from the Insurance Post, which had the headline: "FSA proposes ban on social networking sites". "The Financial Services Authority has called for a ban of …

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