Things worth reading: 24th July 2012

Things we're reading today include ...

Sale of Rock to bring in an extra £538m
The Independent

Taxpayers get an extra £538m from Northern Rock sale
The Telegraph

Bank of America Begins Rollout of Chip Credit Cards to Consumers
Payments News

AUDIO: Cash card doubles up as ID card
BBC

 

What's gone wrong with the banks?
BBC

Insider-dealing ring at UBS and JP Morgan facing jail
The Independent

Six convicted of insider dealing
BBC

Arrests soon in rate-fix scandal
The Independent

Mis-selling review will test FSA and banks
Financial Times

Minister defends Green over HSBC
BBC

 

UK borrowing costs at all-time low as investors seek 'safe haven'
The Independent

AUDIO: Spain bailout 'on the cards'
BBC

How Spain's regions got into trouble
BBC

 

Long-termism and the stock market
Financial Times

'No silver bullet’ to end City myopia
Financial Times

Fed's Raskin: No government backstop for banks that do prop trading
Reuters