Things we're reading today include ...
UK:
Blank exit is a sorry end to HBOS disaster (Telegraph)
Over-ambitious Blank counts cost of the 'deal of a lifetime'
(Telegraph)
Lord Leitch makes early running in the race to chair Lloyds Banking Group (Times)
RBS could reveal top managers' pay (Daily Mail)
Building society in rescue talks (Times)
Branson plans launch of Virgin internet bank
(Guardian)
Bailed-out bank directors hit the pensions jackpot
(Independent)
FSA crackdown on banking candidates
(Telegraph)
Europe:
Publication of the TARGET Annual Report 2008
(European Central Bank)
Publication of the TARGET2 Oversight Assessment Report
(European Central Bank)
Disclosure move aims to revive ABS market (Financial Times)
USA:
Watchdog Digs Into Conduct At SEC
(Washington Post)
U.S. banking crisis may last until 2013: S&P
(Reuters)
Smaller US banks need additional $24bn (Financial Times)
General:
This Is Getting Ridiculous: Cat Amasses Half A Million Twitter Followers In 3 Months
(Techcrunch)
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...