Things worth reading: 26th November 2009

Things we're reading today include ...

 

Today's must read:

"The National Australia Bank has confirmed a spike in customers using its retail banking services from internet-enabled mobile phones is likely to lead to it replacing security pass codes - now sent by SMS - with biometric voice prints within a year because of growing security concerns."
What is next in mobile banking - voice biometrics (CIO Magazine, NZ)

 

Regulations

Britain's bankers win double victory on bonuses and charges - The Times

Walker review: main points - The Telegraph
Banks 'must reveal £1m earners' - BBC
Walker review - Financial Times
Walker warns banks: Back me or face nationalisation - The Independent

Banks win legal battle on overdraft charges - The Times
Overdraft fees: why the Supreme Court was right to stand up for beastly bankers - The Telegraph

EC seeks tighter control of hedge fund managers - The Telegraph
EU proposals rattle UK private equity - The Times

Bank Bailouts

Darling defends secret £62bn emergency loan - The Times
Treasury rift with Bank deepens over secret loan - The Times
Lloyds directors under attack after diclosure of HBOS loans - The Times

Companies

LSE profits fall 37 per cent amid tough competition - The Times
LSE meets Euroclear opposition on post-trade - Financial Times
ING shareholders back share issue and company split - BBC
RBS vulnerability was 'no secret' - Press Association
Swiss set to share UBS tax data - BBC
Competition in cash equities hits LSE - Financial Times

Markets

Bundesbank fears relapse as German banks face €90bn fresh losses - The Telegraph
5 reasons banks don't get it (and a few banks that do) - CNN

 

Quote of the Day:

"It's been a tough year for my husband. He now owns four banks and that incurs a lot of paperwork and a lot of post-work-hours stress."
Maggie Darling, wife of UK Chancellor Alistair Darling 

 

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