Things we're reading today include … Companies:LSE to use Baikal platform to take on Europe (Financial Times) UBS seeking to drop accounts for undeclared EU cash: report (Reuters)Financial News: Power struggle at B. of A. Merrill Lynch (Market News) UK:Britain facing 'worst recession since World War II', Darling to admit in Budget (Telegraph) 'Worst of UK recession is over', says…
Things we're reading today include: Citi trade profitable but now tough to execute (Reuters) RBS dismantles Sir Fred Goodwin’s trappings of power (Times) Ex-RBS banker 'blocked' by FSA (Telegraph) Bank of England holds crisis talks with seven building societies (Times) Alistair Darling: slump to end this year (Times) Bumper bank profits likely to run out…
Things we're reading today include: Citi trade profitable but now tough to execute (Reuters) RBS dismantles Sir Fred Goodwin’s trappings of power (Times) Ex-RBS banker 'blocked' by FSA (Telegraph) Bank of England holds crisis talks with seven building societies (Times) Alistair Darling: slump to end this year (Times) Bumper bank profits likely to run out…
Things we're reading today include: Citigroup back in the black for first time since 2007 (Independent) Citigroup has better quarterly figures but waits for results of stress test before converting stock (Times) Exchange traded funds: the City's best kept secret (Telegraph) Recovery on the horizon for banks and the Budget (Times) 2 more banks fail,…
Things we're reading today include … Companies: D Börse plans pan-European trading (Financial Times) Barclays president says sector's positive results are not 'one-offs' (Telegraph) JPMorgan earns $2.1bn on record sales (Financial Times) JP Morgan profits beat forecasts (BBC) The Goldman rules for mastering the universe (Times) Regulations: Regulator accused of complacency (BBC) Whistleblower attacks FSA's…
Things we're reading today include … Companies: D Börse plans pan-European trading (Financial Times) Barclays president says sector's positive results are not 'one-offs' (Telegraph) JPMorgan earns $2.1bn on record sales (Financial Times) JP Morgan profits beat forecasts (BBC) The Goldman rules for mastering the universe (Times) Regulations: Regulator accused of complacency (BBC) Whistleblower attacks FSA's…
Things we're reading today include … Companies: D Börse plans pan-European trading (Financial Times) Barclays president says sector's positive results are not 'one-offs' (Telegraph) JPMorgan earns $2.1bn on record sales (Financial Times) JP Morgan profits beat forecasts (BBC) The Goldman rules for mastering the universe (Times) Regulations: Regulator accused of complacency (BBC) Whistleblower attacks FSA's…
Things we're reading today include … Companies: UBS, not Goldman Sachs, gives a more realistic picture of banks' health (Telegraph) Lehman yields bonanza for the professionals (Times)Merrill Lynch Developing Private, Public Cloud Initiatives in Parallel (FinanceTech) Why Chase is killing WaMu’s retail concept (Financial Brand) UK: Nine building societies have credit ratings downgraded (Times)Mortgage rejections…
Things we're reading today include … Companies: UBS, not Goldman Sachs, gives a more realistic picture of banks' health (Telegraph) Lehman yields bonanza for the professionals (Times)Merrill Lynch Developing Private, Public Cloud Initiatives in Parallel (FinanceTech) Why Chase is killing WaMu’s retail concept (Financial Brand) UK: Nine building societies have credit ratings downgraded (Times)Mortgage rejections…
Wired's blog just noted that Bryan Sartin, director of investigative response for Verizon Business, is saying the backbone of bank security – the PIN – is broken by hackers. In fact, he reckons, its' been blown apart. "We're seeing entirely new attacks that a year ago were thought to be only academically possible," says Sartin. …
