Things worth reading: 6th August 2012

Things we're reading today include ...

 

Rivals plot £10bn bid for RBS's US arm
The Telegraph

Allianz / Axa – they can work it out
Financial Times

Berkshire Hathaway profits hit by derivatives
The Telegraph

Barclays' new pay deal: you don't get your bonus until you retire
The Independent

Venerable life assurer in secret talks with buyout firm
The Independent

 

City has failed on unfit IT systems
The Telegraph

Banks are hiring not firing – at least for now
The Independent

 

Monti warns of psychological rift
BBC

Banks not running from Europe
Financial Times

US banks haunted by spectre of eurozone
Financial Times

Wall St eyes protection against euro exit
Financial Times