Exchanges circle wagons as high frequency traders risk emasculation
High-speed traders use powerful computers to identify orders as they emerge and instantly trade ahead of them, hoping to […]
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,
Can you trump this? ‘The Donald’ sings Bohemian Rhapsody
Donald Trump does Bohemian Rhapsody In November 2010 Queen guitarist Brian May gave his permission for Bohemian Rhapsody to be
Reform at what cost?
New regulations for banks aim to prevent a repeat of the 2008 meltdown, but are they in fact hampering their
Former civil service chief hopes to land Edinburgh Airport deal
Scotland’s former top civil servant, Sir John Elvidge, is fronting a £500 million plus takeover bid for Edinburgh Airport, and
‘Now that the FSA chief executive has gone – its chairman should be next’
One of Scotland’s highest-profile investment experts, Alan Steel, has called on Financial Services Authority chairman Lord Turner to “consider
The time is now. Why we need a proper, independent Public Inquiry into UK banks
Demands for a Leveson-style public inquiry into the UK’s dysfunctional banking sector are reaching a crescendo following the FSA’s partial
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
Thousands launch £3 billion legal action against Fred Goodwin
WARNINGS of legal action will be delivered today to former Royal Bank of Scotland chief executive Fred Goodwin and his
FSA bombshell changes everything for ex-HBOS directors Crosby, Stevenson and Cummings
Yesterday was an extraordinary day in the world of banking. First we had confirmation from Barclays, Lloyds Banking Group and
Neo-classical economics led us into a cul-de-sac. Now we must find a way out
The “Washington Consensus,” the set of free-market policies promoted by Washington D.C.-based institutions such as the World Bank and International
Gauging China’s economic future: fair to middling
China is so vast, its leaders so inscrutable, it’s future so tied to imponderables — including who will succeed premier Wen
Fallon moves to prevent Hector Sants’s appointment as head of FSA successor body
Hector Sants, chief executive of the Financial Services Authority, should not be allowed to run the regulator’s successor body the
Revealed: the hornet and the sting which are stopping us learning the truth about the HBOS’s collapse
Results released last Friday showed a sea of red ink engulfing the state-rescued Lloyds Banking Group. Trumpeted at the time
Where did it all go wrong for Clydesdale and Yorkshire Banks?
The allegations of “a black hole”, “reckless commercial property lending in 2005-07”, “dodgy accounting” etc at National Australia Bank’s UK
FSA’s Hector Sants passes the buck for the financial crisis
At a hearing of the Treasury Select Committee held in Portcullis House on 30 January 2012, Hector Sants,
Clydesdale Bank’s claims to be a prudent lender ring hollow following NAB ‘review’
From the perspective of its head office in Melbourne’s Bourke Street, National Australia Bank’s UK subsidiaries Clydesdale Bank and Yorkshire
MF Global collapse prompts regulatory rethink in Washington
A commissioner at a leading US financial regulator has launched a stinging attack on his own organisation, accusing it of
The media frenzy about RBS bonuses and Fred Goodwin’s knighthood is a sideshow
Financial commentators are, suddenly, in demand and it’s largely down to the continuing failure of banks to properly reform themselves
Are hedge funds and private equity funds fleecing their investors?
The Berkshire Hathaway chairman Warren Buffett (pictured above playing the ukelele) once famously quipped that a hedge fund is a “compensation scheme
The battle of Hester’s bonus: Labour’s hypocrisy, PIRC’s doubts
Labour is being incredibly hypocritical over the £1 million share-based bonus recently awarded to RBS boss Stephen Hester. It was