Things we're reading today include mopping up the G20 news:
- G20 has little impact on global economics
(Financial Times) - G20: Fat cats brought down to Earth with a bump (Guardian)
- Bankers rage at G20 'witch hunt' against bonuses and buccaneers (Guardian)
- Overview: Risk-takers reap benefits of G20 sentiment
(Financial Times)
Some firm's news:
- Funds challenge HSBC over its role in Madoff row (Independent)
- Goodwin defiant over pension as investors heckle RBS board (Independent)
- GLG acquires fund manager on the cheap (Financial Times)
Industry news:
- MPs blame 'impotent' FSA over Icelandic banks (Telegraph)
- Mark-to-Market Rule Gives More Clarity, Not Less: John M. Berry (Bloomberg)
Economic news:
- U.S. May Keep Losing Jobs After Unemployment Hit 25-Year High
(Bloomberg) - Bleak outlook for US workers as jobless rate hits 26-year high (Guardian)
- (US) Unemployment Rate Hits Highest Level Since 1983 (ABC News)
- Obama asked for it and got it: Unity at G20
(Euractiv)
And technology news:
- Google force feeds Web 2.0 to US gov (The Register)
- Murdoch Wants A Google Rebellion (Forbes)
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...
