KPMG’s annual report — vague about ethics
By Atul Shah The growing size and influence of “big four” accountancy firms as they further transform themselves into global business […]
ethics
On the trail of Fred the Shred
Ian Fraser’s new book, Shredded: Inside RBS: the Bank that Broke Britain, has been acclaimed as the definitive account of
Britain’s corporate failures invite a governance revolution
Why “corporate governance” failed The bigwigs of the City of London, corporate governance ‘gurus’ in asset-management firms and leading figures
The parable of the bailouts: guest post by Tom Nicol
By Tom Nicol ‘Then the flying machines started falling from the sky.’ Once upon a time in the Westerlands, people
Financial regulation: with Griffith-Jones’ appointment, Britain keeps it in the family
I was surprised and exasperated to learn last week that chancellor George Osborne has rubber-stamped the appointment of John Griffith-Jones,
Fear and loathing in City of London as Barnier taps raw consumer power
Michel Barnier is viewed with a mixture of fear and loathing in the City of London. In the Square Mile,
The Economist loses the plot with this pro-City propaganda
I was surprised and disappointed when I opened my copy of The Economist on Friday morning. The magazine is running
St Paul’s Institute shines a light on the City’s dark heart
The bizarre contortions that the Church of England got itself into over the protesters who are camping outside St Paul’s
Occupy: “The dukes and earls in America’s great tower of bullsh*t are starting to blink”
What is Occupy Wall Street and what is it trying to achieve? There may be a good few Maoists, Trotskyists, Anarcho-Syndicalists
It’s time investors saw sense and stopped giving credence to rating agencies
The credit rating agencies performed so woefully in the run-up to the global financial crisis, one might have thought they would
Conflicts of interest a big issue for banks
As Antonio Horta-Osório, chief executive of Lloyds Banking Group, weighs up whether or not to sell Scottish Widows Investment Partnership,
António Horta-Osório breaks banking’s mould
In Lloyds bows to the law, the Guardian’s financial editor Nils Pratley describes how the PPI misselling saga is likely to become a
Holyrood candidate Kit Fraser bares all (nearly) outside RBS AGM
Outside the Royal Bank of Scotland’s annual general meeting in Edinburgh, Kit Fraser stripped to his boxer shorts in protest
Fair Pensions exposes conflicts at heart of pensions management and calls for radical reform
FairPensions has produced an excellent, in-depth report which lifts the lid on the conflicts of interest at the heart of
The horse has bolted, but at least the Lords have started to clean out accountancy’s Augean stables
Lord MacGregor, a former Conservative chief secretary of the Treasury, today unveiled the hard-hitting and long-awaited conclusions of the House
Cogent King makes case for radical bank reform
It’s virtually unheard for the governor of a central bank to launch an outspoken attack on the integrity and purpose
Why the Oscar for ‘Inside Job’ is a sort of turning point
Charles Ferguson’s movie about the financial crisis, Inside Job, released in the US in October 2010, richly deserved to win
Bill Black: “Our financial institutions are being run by sociopaths”
Bill Black. As I’ve said before, William K Black, professor of economics and law at the University of Missouri, and
Bob Diamond living in La-La Land
The Barclays investment banker told MPs on the Treasury Committee that the “period of remorse and apology” is over, and
Charles Ferguson: The securitization food chain
Charles Ferguson, director of the seminal movie about the global financial crisis, Inside Job, has warned that we should continue
RBS executives seem to think they’re above the law
As they scramble to shore up their balance sheets, Britain’s banks are treating some of their corporate and small and