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)
- Merrill hit by unseen $500m charge (Financial Times)
- Stocks jump after Bernanke says recession may end (The Boston Globe)
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Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
