Things we're reading today include … UK: Bank of England governor attacks Darling's borrowing policy (Guardian) Bank governor Mervyn King says scale of UK deficit is 'truly extraordinary' (Telegraph) King warns of the 'long hard slog' to clear Britain's debt (Independent)City watchdog (FSA) pays £20m in bonuses (Guardian) Europe: ECB lends record €442bn in first…
Things we're reading today include … Today's must-read: RBS topped the losses list while Chinese banks raked in profits (Guardian)"The Banker's Top 1,000 annual survey reveals that RBS's pre-tax operating loss of $59.3bn (£36bn) puts it way out in front of Citigroup, which was second with losses of $53bn … the world's most profitable bank…
Things we're reading today include … Today's must-read: RBS topped the losses list while Chinese banks raked in profits (Guardian)"The Banker's Top 1,000 annual survey reveals that RBS's pre-tax operating loss of $59.3bn (£36bn) puts it way out in front of Citigroup, which was second with losses of $53bn … the world's most profitable bank…
Things we're reading today include … Today's must read: Is this the death of the dollar? (Telegraph) "Border guards in Chiasso see plenty of smugglers and plenty of false-bottomed suitcases, but no one in the town, which straddles the Italian-Swiss frontier, had ever seen anything like this. Trussed up in front of the police in…
Things we're reading today include … Today's must read: Is this the death of the dollar? (Telegraph) "Border guards in Chiasso see plenty of smugglers and plenty of false-bottomed suitcases, but no one in the town, which straddles the Italian-Swiss frontier, had ever seen anything like this. Trussed up in front of the police in…
Here are our key stories of the week: Bank of England raises concerns with ECB over T2S The Mobile Financial Future The Mobile Financial Present Zurich's reports: worth a read Grieving … and the US Banking Reforms What does the internet think? Where's Wally? What was it Reagan said? Fred Goodwin found in France Michael…
Things we're reading today include: Gordon Brown signs up to creation of new EU financial regulators (Telegraph)Jubilant Sarkozy sees EU take powers over the City (Times) UK wins concessions on EU rules (Telegraph)New European financial regulators will lack a full set of teeth (Telegraph) Cost of London high life on the slide (Financial Times)Lord Turner…
Things we're reading today include … Brown signs up to EU financial rulebook (Times)Brown wins independence from European banking regulator (Guardian)Regulation of City may be handed to Brussels (Telegraph) Mervyn King's control call fails to gain support (Telegraph)UK lukewarm on ECB settlement plan (Financial Times) Geithner defends plans to give Fed more power (Times) Overhaul…
Things we're reading today include … Brown signs up to EU financial rulebook (Times)Brown wins independence from European banking regulator (Guardian)Regulation of City may be handed to Brussels (Telegraph) Mervyn King's control call fails to gain support (Telegraph)UK lukewarm on ECB settlement plan (Financial Times) Geithner defends plans to give Fed more power (Times) Overhaul…
Things we're reading today include … US releases plans for bank regulatory reform "Financial Regulatory Reform: A New Foundation", the US Treasury Department official document detailing the Obama administration's plans to tighten regulatory oversight of the US financial system (89 page pdf document) President Obama sets out biggest overhaul of Wall Street in decades (Telegraph)US groups…
