2nd July Links: Banking scams

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Global Macro:

  • The global scam that may prove fatal for Barclays, RBS and LLoyds Ian Fraser
  • Banks conspire to fleece the public Big Picture

United States:

Europe:

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  • German parliament approves EU bailout fund Reuters, waiting for the constitutional court.
  • David Cameron ‘prepared to consider an EU referendum’ BBC
  • What did BoE say to Barclays about Libor? BBC
  • Spanish bailout saves German pain IFR
  • Germany denies Schauble talk on Greek exit Reuters
  • Denmark passes the torch to Cyprus Famagusta
Asia
  • China’s grow weakens as new orders drop Bloomberg
  • China’s official PMI hits 7 months low Reuters
  • Japan’s manufacturing PMI not so good either Markit
  • Bangladesh slams World Bank move to cut bridge funds Reuters
  • China must keep property curbs: Vice Premier Li Reuters

Local:

  • Carbon Tax blitz begins TheOz
  • Airlines slow to cut surcharge SMH
  • Australians rush to safe-havens of bank deposit accounts BusinessDay
  • No signs of recovery yet Domain
  • Cash rate is dominant despite what banks say Gittins!
  • Japanese bank may enter the Oz home loan market AFR
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Other:

  • We don’t all see the same colours Mail on-line, I’ve always wondered about that.