Things we're reading today include ...
UK:
- Bank seeks £40,000 compensation from teenage G20 protester (Guardian)
- Banks face fines for poor service (BBC)
- Tesco sales top £1bn a week – now retailer targets banks (Guardian)
USA:
- Bad year for banks: (US) Failures surpass 2008 (CNN)
- 4 more banks fail, lifting this year's tally to 29 (Yahoo!)
- U.S. Stress-Test Accounting May Make Banks Raise Capital Levels (Bloomberg)
- How do bank ‘stress tests’ work? (Houston Chronicle)
Economy:
- Rally runs out of steam as bank worries linger (Financial Times)
- Geithner: Economic slide eases, no recovery yet (Reuters)
- G7 finance chiefs predict recovery from economic crisis will begin this year (Guardian)
- Finance officials at odds over IMF funding plan (Independent)
Technology:
- The Wrong Cloud? (White Paper critiquing Cloud Computing)
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...
