Things worth reading: 29th July 2010

Things we're reading today include ...

Mervyn King

Bank head hints rates to stay low - BBC
King condemns banks' treatment of customers - The Independent
Mervyn King: I want people focused on public service, not bankers, supervising the city - The Telegraph

New Banks

New High Street bank set to open - BBC
Metro: first bank for 100 years opens its doors - The Telegraph
FSA grants Exim UK banking licence - The Telegraph
Virgin Money delays bank debut - Financial Times

Markets

Are UK banks killing the economic recovery? - The Telegraph
Europe's €30 trillion funding headache - The Telegraph

Regulators

BIS: it's the implicit taxpayer guarantee that drives banks to get bigger - The Telegraph
Whistleblowers could collect success 'bounty' - The Telegraph
New thinking is key to opening door of Big Four - Financial Times