Things we're reading today include … Citigroup looks to slash tech costs (Financial Times) Little evidence of quantitative easing boosting lending (Telegraph) Beleaguered banks fail to boost level of lending (Times) UK credit rating under threat as debt hits £8.5bn (Times)Rating agency warning on UK debt (BBC) Ratings agency downgrades outlook for UK economy (Guardian) London's financial status is safe, says…
Things we're reading today include: Lloyds warns of EU sell-off threat (Guardian)Lloyds Banking Group prepares shareholders for possible price of receiving state aid (Times)Lloyds boss's account drained by Barclays thief (Daily Mail) New chief, new focus at the LSE (Financial Times)BofA seeks to repay $45bn by end of year (Financial Times)Fresh bail-out hopes lift GMAC (Financial Times) IMF praise for…
Things we're reading today include: Lloyds warns of EU sell-off threat (Guardian)Lloyds Banking Group prepares shareholders for possible price of receiving state aid (Times)Lloyds boss's account drained by Barclays thief (Daily Mail) New chief, new focus at the LSE (Financial Times)BofA seeks to repay $45bn by end of year (Financial Times)Fresh bail-out hopes lift GMAC (Financial Times) IMF praise for…
Things worth reading today include: Companies: LSE swings to loss after goodwill charge (Market Watch)Barclays faces Lehman legal action (Independent)EU may force Lloyds to sell-off core assets (Times)AIG poised to return $843m to investors (Financial Times)Bank of America half way to filling capital hole (Times) Markets: German ‘bad bank’ scheme criticism rejected (Financial Times)European plan…
Things worth reading today include: Companies: LSE swings to loss after goodwill charge (Market Watch)Barclays faces Lehman legal action (Independent)EU may force Lloyds to sell-off core assets (Times)AIG poised to return $843m to investors (Financial Times)Bank of America half way to filling capital hole (Times) Markets: German ‘bad bank’ scheme criticism rejected (Financial Times)European plan…
Things we're reading today include: Possible candidates to replace Blank (Financial Times) Lehman seeks probe into sale to Barclays (Financial Times)Lazard man gets shake-up post at (US) Treasury (Financial Times)American Express cuts 4,000 jobs (BBC) Accessing financial services 'difficult for Europe's poor' (Euractiv) US shares soar on home hopes (Times)Paulson bids to make new killing…
Things we're reading today include: Possible candidates to replace Blank (Financial Times) Lehman seeks probe into sale to Barclays (Financial Times)Lazard man gets shake-up post at (US) Treasury (Financial Times)American Express cuts 4,000 jobs (BBC) Accessing financial services 'difficult for Europe's poor' (Euractiv) US shares soar on home hopes (Times)Paulson bids to make new killing…
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…
Here are our key stories of the week: Bank dinosaurs are bank's worst enemy Using video as evidence of compliance Who needs traders … get a rat The danger that SEPA may not happen Quantifying people's views on SEPA The Dark Economy Using mobiles as a financial channel Shoot the banker … Bank dinosaurs are…
Things we're reading today include: Regulator expects bank chiefs to lose jobs (Financial Times) BofA shareholders agree: Time for a new board (The Deal) Big loss from Singapore bank sale (of BoA) (BBC)Berkshire invests in Wells Fargo, US Bancorp (Boston Globe) Latest UK Payments Statistics (4 page pdf from APACS)Ireland's Celtic Tiger may be gone for good (Independent)Doubts…
