Things we're reading today include:
- Barclays warned on toxic asset dumping (Financial Times)
- Barclaycard and Orange unveil pay-by-mobile service (Telegraph)
- Ex-banker jailed for blackmail attempt (Financial Times)
- Pound slides as bank shares hit (BBC)
- Exposed: the banks’ cosy ties to watchdog (The Times)
- Stocks Push Higher on Citigroup’s Upbeat Memo
(New York Times) - Hedge funds move into black (Telegraph)
- Buffett: crisis is an economic Pearl Harbor (The Times)
- Bernanke Says Financial Rules Need an Overhaul (New York Times)
- IMF predicts a global recession (BBC)
- The Broadband Gap: Why Is Theirs Faster? (New York Times)
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...