Things we're reading today include:
- Nationwide takes over Dunfermline (BBC)
- Tesco to open bank branches in its stores (Financial Times)
- Spanish government takes over bank (CNN)
- Commonwealth Bank all a-Twitter over mortgage approval tweet (News Australia)
- Sitting on huge liquidity, State Bank of India sees downward correction (Financial Express)
- Going for broke is no longer an option for Darling
(Guardian) - UK Financial Services Cut Jobs At Fastest Pace Since 1993, Survey Says (International Business Times)
- Thousands more financial jobs to go, says CBI (Independent)
- The annual British-German race to the sunlounger falls victim to the recession (Times)
- Immigrants cut costs to keep up remittances (Boston Globe)
- Follow the Mobile User by Vic Gundotra, Vice President of Engineering for Google’s mobile and developer products (Techcrunch IT)
- Is Facebook Growing Up Too Fast? (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...