Breaking the Bank – review of ‘Meltdown’ by Duncan Mavin
Credit Suisse, founded as Schweizerische Kreditanstalt by Alfred Escher in 1856, was once an engine of Switzerland’s modernisation, funding both […]
UBS
Breakthrough in RBS trial as judge orders bank to produce Fred’s emails
The Royal Bank of Scotland has been rapped over the knuckles by a High Court judge over its failure to
Review of the Year in Finance
The Libor scandal It was described as the banking industry’s ‘tobacco moment’. In June last year, Barclays was fined £290
Stephen Hester: The great escape artist
It has been described as the biggest banking felony in history … yet no-one has been prosecuted for the Libor-fixing
Loss of trust
Scottish banking was once renowned for prudential management. Today the association is rather different. Financial journalist Ian Fraser gives his
The Royal Bank of Scotland’s empire of pain
In his glory days Fred Goodwin aspired to make Royal Bank of Scotland a global bank on which the sun
Hector Sants, the Independent and the £5,000 pay-off
Jim Parton, author of ‘The Bucks Stop Here’, reflects on his former colleague at stockbrokers Phillips & Drew, Hector Sants
Looks like Fred Goodwin may face criminal charges after all
The FSA spent an estimated £10m on its report into the failure of RBS, including £7.7m paid to ‘Big Four’
The FSA’s cosy deals are a travesty of regulation
Ever since its failures as a regulator first became widely apparent with the collapse of Northern Rock in September 2007, the UK’s
Charting the psychological journey of UBS “rogue” trader Kweku Adoboli
The gigantic $2.3 billion losses that Union Bank of Switzerland is blaming on a Ghanaian-born “rogue” trader have added power
How much did UBS know about Kweku Adoboli’s trades?
So, after Nick Leeson and Jerôme Kerviel, another ‘rogue’ trader is about to enter the annals of banking infamy. This
UBS: Dubai property crash only in early stages
THE slide in Dubai’s residential property market has only just begun and any investor considering investing in in bricks and
RBS’s £12bn rights issue – The bankers’ new clothes
RBS’s refunding move through a record £12bn rights issue is the first step in UK banks waking up from their
RISING FROM THE ASHES? An interview with Standard Life’s Trevor Matthews
It’s Standard Life but not as we know it THE chief executive sat back in his leather office chair and
In pursuit of success on a silver platter: banks struggle in the private client asset management space
Despite a drive by high street banks to corner the market in financial advice for the rich, independents areholding their