Home » ABN Amro You are browsing entries tagged with “ABN Amro”

Idea banks can be trusted to police themselves ‘one of most dangerous of modern times’

RBS Lloyds

October 20th, 2012 (updated October 31st, 2012) On January 1st, 2008, some bright sparks at the FSA decided it was appropriate to grant Advanced Internal Ratings Based (AIRB) status to both Royal Bank of Scotland and HBOS. In doing so, the Canary Wharf-based regulator was effectively giving the two Edinburgh-headquartered banks carte blanche to calculate the […]

October 27th, 2012 | Posted in Blog | Read More »

About as invincible as Spain’s Grande y Felicísima Armada

the invincible Armada

March 16th, 2012 Ian Fraser’s introduction: This blog was written by Golem XIV, a pseudonym for filmmaker and author David Malone.   Imagine if you were in a plane and you looked down and spread out beneath you, majestic in the ocean, was an entire mighty battle fleet. And then it sank; not just one, but every […]

March 16th, 2012 | Posted in Blog | Read More »

Stephen Hester: “One of the issues we face is the UK economy is as flat as a pancake”

flat as a pancake

February 23rd, 2012 Stephen Hester was in combative form in his interview with Channel 4 News’ Jon Snow earlier this evening. He sought to defend the bank’s decision to pay a total of £985m in staff bonuses during 2011, despite mounting losses and scepticism it can be returned to the private sector within the original […]

February 23rd, 2012 | Posted in Blog | Read More »

Deloitte and the demise of RBS

John Connolly

By Ian Fraser Published: Sunday Herald Date: December 18th, 2011 (minor edits March 31st, 2013) One of Fred Goodwin’s first acts on being appointed RBS’s chief executive on March 6, 2000 was to sack PWC as auditors and to wheel in his ‘alma mater’, Deloitte & Touche. Ex-insiders suggest this was because Goodwin believed that […]

December 18th, 2011 | Posted in Article Library | Read More »

RBS: Inside the Bank that Ran Out of Money (full one-hour documentary)

Sir Peter Burt

December 10th, 2011 A project with which I was involved… RBS: Inside the Bank that Ran Out of Money, a one hour BBC Television documentary charting the build up to the biggest bank failure in history, was first aired across the UK on BBC2 on Monday, December 5th. The one-hour film, produced by Tony Nellany […]

December 10th, 2011 | Posted in Blog | Read More »

Inside the Royal Bank of Scotland

Fred Goodwin

November 21st, 2011 A documentary on which I worked as senior researcher and lead consultant is to be shown on BBC2 nationally on December 5th. The one-hour BBC film charts the rise and fall of the Royal Bank of Scotland, starting with its £21bn acquisition of NatWest in February 2000 and ending soon after its […]

November 21st, 2011 | Posted in Blog | Read More »

O’Neil appointment confirms UKFI’s warped priorities

Robin Budenberg, UK Financial Investments

July 19th, 2010 Chinless wonder: UKFI’s Robin Budenberg The coalition government of David Cameron and Nick Clegg is reverting to type where appointments to UK Financial Investments, the vehicle established by the previous government to hold the public’s stakes in lenders including RBS and Lloyds Banking Group. Most of the people who work for this […]

July 19th, 2010 | Posted in Blog | Read More »

Lehman examiner’s report: London was the ‘Guantanamo Bay’ of finance

Lehman Brothers' CEO Richard Fuld

March 12th, 2010 (Updated May 17th, 2010) One of the most stunning revelations to come out of the Court Appointed Examiner’s Report into the bankruptcy of Lehman Brothers, published online last night, was that the collapsed New York-based investment bank was unable to find a US-based law firm that was prepared to sign off its […]

March 12th, 2010 | Posted in Blog | Read More »

Did Crosby do anything to ensure that HBOS’s wheels didn’t come off?

James Crosby, Glendevon House, near Harrogate

February 12th, 2009 James Crosby: cavalier approach to risk   Sir James Crosby – a man last seen driving an eco-unfriendly “Chelsea tractor” with blacked out windows out of the gates of his home in Beckwithshaw, on the outskirts of Harrogate, North Yorks – has taken a hammering of late. The attempts by Lloyds Banking […]

February 12th, 2009 | Posted in Blog | Read More »

Fred’s downfall: hubris followed by nemesis

Fred Goodwin

October 20th, 2008 (Note: this is the full, unedited version of an article commissioned by the Mail on Sunday on October 16, 2008. see published version here) SIR Fred Goodwin, the chief executive of Royal Bank of Scotland, seemed extraordinarily chipper and relaxed as he hosted a champagne reception for Scottish politicians, journalists and editors […]

October 20th, 2008 | Posted in Blog | Read More »

Fraser on Twitter

Error: Twitter did not respond. Please wait a few minutes and refresh this page.