Things we're reading today include: Nationwide takes over Dunfermline (BBC) Tesco to open bank branches in its stores (Financial Times) Spanish government takes over bank (CNN) Commonwealth Bank all a-Twitter over mortgage approval tweet (News Australia) Sitting on huge liquidity, State Bank of India sees downward correction (Financial Express) Going for broke is no longer…
Things we're reading today include: Nationwide takes over Dunfermline (BBC) Tesco to open bank branches in its stores (Financial Times) Spanish government takes over bank (CNN) Commonwealth Bank all a-Twitter over mortgage approval tweet (News Australia) Sitting on huge liquidity, State Bank of India sees downward correction (Financial Express) Going for broke is no longer…
Biggest news of the year so far, apart from the collapse of the financial system, is that the Canadians have found a vast computer spy network, according to New York Times. "In a report to be issued this weekend, the researchers said that the system was being controlled from computers based almost exclusively in China,…
Biggest news of the year so far, apart from the collapse of the financial system, is that the Canadians have found a vast computer spy network, according to New York Times. "In a report to be issued this weekend, the researchers said that the system was being controlled from computers based almost exclusively in China,…
Things we're reading today. News about the industry: Concern over new current accounts (BBC) George Soros: Britain may have to seek IMF rescue (Times) A Europe without leadership (Welt) Time to drown those sorrows at Hong Kong's party (Times) Wall Street promises to work with Washington (Independent) Deposits Continue to Flood Community Banks (Pitch Engine)…
Things we're reading today. News about the industry: Concern over new current accounts (BBC) George Soros: Britain may have to seek IMF rescue (Times) A Europe without leadership (Welt) Time to drown those sorrows at Hong Kong's party (Times) Wall Street promises to work with Washington (Independent) Deposits Continue to Flood Community Banks (Pitch Engine)…
There are loads of things we’re reading today, so we need to place them in sections. First, there’s the big news that Barclays Bank has cleared the crisis according to the FSA, and needs no new capital whilst they trip up in the USA: Barclays gets green light from FSA (Telegraph) Barclays shares soar as…
There are loads of things we’re reading today, so we need to place them in sections. First, there’s the big news that Barclays Bank has cleared the crisis according to the FSA, and needs no new capital whilst they trip up in the USA: Barclays gets green light from FSA (Telegraph) Barclays shares soar as…
Things we're reading today include: HSBC's 1,200 job cuts spark row with union (Independent) Royal Bank of Scotland braced for exodus of traders as pay review starts (Times) AIG London staff dig in heels over bonus payments despite US threats (Times) Mervyn King's comments trigger first gilt auction failure since 1995 (Telegraph) Hurt by Economy,…
Things we're reading today include: HSBC's 1,200 job cuts spark row with union (Independent) Royal Bank of Scotland braced for exodus of traders as pay review starts (Times) AIG London staff dig in heels over bonus payments despite US threats (Times) Mervyn King's comments trigger first gilt auction failure since 1995 (Telegraph) Hurt by Economy,…
