Things we're reading today include:
- HSBC's 1,200 job cuts spark row with union (Independent)
- Royal Bank of Scotland braced for exodus of traders as pay review starts (Times)
- AIG London staff dig in heels over bonus payments despite US threats
(Times)
- Mervyn King's comments trigger first gilt auction failure since 1995 (Telegraph)
- Hurt by Economy, Europeans Vent Their Anger (New York Times)
- U.S. to Detail Plan to Rein In Finance World
(New York Times) - EU leader condemns US ‘road to hell’
(Financial Times)
- US backing for world currency stuns markets
(Telegraph) - Talk of a world currency just financial pie in the sky (South China Morning Post)
ReadingCategories
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...
