Things we're reading today include ...
UK:
Stephen Hester (RBS): I don't see any green shoots (Telegraph)
RBS warns of 'tough' times ahead (BBC)
Pssst! RBS bill might vanish (Times)
Icap consortium bids for LCH.Clearnet (Financial Times)
Europe:
It will be twice as bad as we predicted, says Brussels (Guardian)
USA:
US banks claim line softened on $74bn (Financial Times)
(US) Banks unveil cash-raising plans (BBC)
US banks attract $11.5bn in a day (Financial Times)
Wells Fargo prices stock offering at $8.6 billion (KAAL TV)
Friedman Quits New York Fed After Goldman Purchases (Bloomberg)
JPMorgan faces SEC lawsuit (Financial Times)
General:
25 Biggest Bank Failures in History (Business Pundit)
Saving when you earn $2 a day (Economist)
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...
