Regulator warns on big four accountancy firms alumni, contributing to stifling competition -Financial Times
Libor is currently being set by a smaller group of banks (Bank of America, Citigroup, Bank of Tokyo Mitsubishi UFJ, Royal Bank of Canada, Sumitomo Mitsui Financial Group and Lloyds Banking Group) impairing the rate further –Bloomberg
George Osborne Chancellor of the Exchequer will find out the full list of candidates to replace Mervyn King from (I assume Bob Diamond will not be one of them)
Iran has few policy options to end turmoil in currency markets as hyperinflation concerns spark gold dash - Bloomberg
Reserve Bank of Australia Governor Glen Stevens, might be a contender for top position at the Bank of England - The Times
