Nonchalance of UKFI’s Robin Budenberg suggests UK government learnt nothing from banking crisis
The coalition government is reverting to type where appointments to UK Financial Investments, the vehicle established by the Labour government […]
Gordon Brown
Goldman Sachs’ stance marks Gordon Brown out as a man without shame
You may remember the classic scene in Casablanca in which the police captain Louis Renault raids Rick’s Cafe claiming to
The secrets and lies of Gordon Brown
Gordon Brown recently branded Goldman Sachs “morally bankrupt” and asked the FSA to investigate it. Yet he has turned a
Why HBOS’s Cummings should hand back his rewards for failure
PETER Cummings, former head of corporate lending at HBOS, is the archetypal ‘fat bloke’ banker. He was handed an astonishing
Soft soaping Sir Victor Blank adds little to sum of human knowledge
Sir Victor Blank, who has been forced out as Lloyds Banking Group chairman by investors, has spent the weekend trying to
Gordon Brown’s medicine won’t solve this crisis, warns top quant Paul Wilmott
Paul Wilmott, a senior “quant” who has been warning bankers that the mathematical models they use to value their more
The Hacker / Brown response to a scandal in the City
There are parallels between the response of prime minister Gordon Brown to scandal in the City — the hiring of
‘Bling’ Crosby’s day of reckoning
This charade of apology is a diversion from bankers’ role in financial destruction Edith Piaf’s chanson “Non, Je Ne Regrette
Stiglitz: Britain should have let basket case banks go bust
Professor Joseph Stiglitz, the Nobel prize-winning economist and author of Globalization and its Discontents, has said that the UK should
That sinking feeling
Government hopes that its latest raft of measures would persuade banks to start lending to each other again – and
Do Merrill Lynch bankers know no shame?
The Merrill Lynch investment bankers who advised RBS, Santander and Fortis on their joint €71bn takeover of ABN Amro have
Sir George on Robert Peston: he’s a Treasury puppet and it’s a disgrace
Sir George Mathewson clearly doesn’t think too highly of the BBC’s business editor Robert Peston, who was lampooned in Silly Money, tonight’s
Lloyds TSB denies taking ‘slash and burn’ approach to Scotland
Gloves come off as English bank threatens to sue The Scotsman Lloyds TSB’s most senior Scottish-based executive has talked up
Fred’s downfall: hubris followed by nemesis
This is an extended version of an article on Fred Goodwin and the collapse of RBS commissioned by the Mail
Uncertain legacy of the man who broke Royal Bank of Scotland
AS the Royal Bank of Scotland announces that the reign of chief executive Sir Fred Goodwin will officially end on
How Lloyds’ advisers clashed with those of HBOS at 3am and nearly scuppered Darling and Brown’s bank rescue plan
Last weekend, two brawling investment bankers nearly brought down the entire capitalist system. As the finishing touches were being put
Can politicians really make banking leopards change their spots?
MARKETS IN MELTDOWN: The UK government’s £500 billion bail‑out could backfire by giving banks licence to continue their reckless behaviour
The management incompetence and cosy political stitch-up that spelt curtains for HBOS
Lloyds TSB chairman Sir Victor Blank has convinced himself that with HBOS he’s getting the pride of British banking on
Precious metal shows no sign of losing its sheen
GOLD: PRICE EXPLOSION – High demand and inflation fears drive market If the eighteenth century English lexicographer Samuel Johnson was right
Cool hand Brown?
It is a daring gamble for the Chancellor. He is banking on the UK economy picking up by 2005. Ian
Private finance idiocy?
IT was seen as a gravy train that would permit the private sector to milk the unsavvy public sector dry,