Things we're reading today include ...
Companies:
UBS, not Goldman Sachs, gives a more realistic picture of banks' health (Telegraph)
Lehman yields bonanza for the professionals (Times)
Merrill Lynch Developing Private, Public Cloud Initiatives in Parallel
(FinanceTech)
Why Chase is killing WaMu’s retail concept (Financial Brand)
UK:
Nine building societies have credit ratings downgraded (Times)
Mortgage rejections increase fourfold (Telegraph)
CP09/13: Strengthening liquidity standards 2: Liquidity reporting (FSA Consultation Paper)
World:
China’s GDP Grows at Slowest Pace in Almost a Decade on Exports (Bloomberg)
Deflation sparks new fears for American economy (Times)
US Government to reveal details of bank stress tests to reassure investors (Times)
Cards:
The Introduction of Direct Charging for ATMs (Reserve Bank of Australia)
American Express says credit card defaults fell modestly in March (Chicago Tribune)
Technology:
YouTube Symphony Orchestra (YouTube)
Land Rover uses Twitter to promote new range of vehicles (Revolution)
Predicting the next Twitter (Telecoms)
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...
