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Lunch Wrap

On FT Alphaville Wednesday morning,

- Lloyds, RBS and state aid.

- Analysts still confident even if US consumers aren’t.

- Regulators looking at banks’ coverage ratios, BarCap says.

- Rights issue fees: underwriting angst.

- Houston, we have a problem.

- China’s land boom goes private.

- The Fed’s secret choice in Further reading.

- Mistaken ideas in Pink picks.

- The return of the Crock, fundraisings with a twist and tin hats in Markets Live.

On FT.com,

- Brussels backs Rock restructuring.

Falling stocks boost yen.

- Financial and mining losses hit FTSE.

- Oil slides ahead of US inventories data.

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