The Digest
Another “Banks’ business models will have to change” story, this one looking at cost of funding and impact on lending. — FT
Hedge funds are delevering, due to banks having to reduce their lending and increasing margin calls on their positions. — Reuters
The European debt crisis in eight graphs: nice overview of the economic forces at work. — Wonkblog
The Digest is a daily(-ish) overview of interesting stories in financial services technology and management.
