Things we're reading today include … Today's must read: Chinese Leader Offers a Glimpse of the Future – New York Times China gave the world a glimpse of the next generation of Chinese leaders on Thursday when Li Keqiang, widely expected to be the next prime minister, vowed that his country would act swiftly to…
Things we’re reading today include … Davos Davos 2010: More Bankers This Year at Davos, but Mood Remains Glum – New York TimesDavos: Lord Turner calls for controls on bank lending – The TimesSarkozy calls for global revamp – BBCRegulation clash as Davos begins – BBCRegulation of banks a question of credibility – The…
Things we're reading today include: Special Report: Global Financial Outlook: The London Banking Center Is Beginning to Feel Like Itself Again. – New York Times"As bankers and traders in London wait nervously for regulators to lay out a set of post-crisis rules for the industry, the real threat to their global pre-eminence is likely to…
Things we're reading today include: Today's must read: Davos 2010: Bank chiefs break cover to bend government's ear – The TelegraphBattle lines have been drawn, with regulators, politicians and academics declaring big banks to be bad news. President Barack Obama knocked the wind out of the industry last week by calling for a ban on…
Things we're reading today include … Today's must read: Joseph Stiglitz: Why we have to change capitalism – The Telegraph "In the current crisis, bankers lost our trust, and lost trust in each other. Economic historians have emphasized the role that trust played in the development of trade and banking. The reason why certain…
The biggest news stories of the week include … Fraud fear blocks Haiti donations – BBCAfter £800bn loans, China tells banks to focus on the real economy – The TimesBarack Obama's speech on banking reform: in full – The TelegraphMichael Geoghegan speaks to Sky News' Jeff Randall: Full Transcript – The TelegraphBen Bernanke requests audit…
Things we're reading today include … Today's must read: Barack Obama's speech on banking reform: in full – The Telegraph "While the financial system is far stronger today than it was one year ago, it's still operating under the same rules that led to its near collapse. These are rules that allowed firms to act…
Things we're reading today include … Today's must read: Michael Geoghegan speaks to Sky News' Jeff Randall: Full Transcript – The Telegraph HSBC was one of the first banks to come out and say we support the G20 remuneration strategy, we will be with us. What’s disappointing is that the UK is leading it and…
Things we're reading today include … Companies Credit Suisse to cut bonuses budget by 5% – The TimesTop Credit Suisse bankers to bear brunt of Chancellor’s bonus tax – The Times Citigroup reports loss of $7.6bn – BBCBig bonuses at Citigroup despite huge losses – The IndependentCitigroup cuts compensation by 20% as losses fall –…
Things we're reading today include … Today's must read: "'The idea that London is going to be full of tumbleweed in 10 years is not credible,' Savvas Savouri, chief economist at Tosca … instead, Mr Savouri predicts that London will attract at least 100,000 new financial jobs in the next 10 years, as the growth…
