Larry Summers washes his hands of all responsibility for crisis
My jaw hit the floor as I watched Krishnan Guru-Murthy interview US economist Larry Summers on Channel 4 News (the […]
Dear Economist: ‘revolving door’ capitalism has its flaws too
As part of its special report on state-sponsored capitalism, published in its 21 January issue, the Economist berated emerging markets including
Stripping Fred Goodwin of his knighthood won’t solve the banking crisis
The current cross-party campaign to have Sir Fred Goodwin stripped of his knighthood makes for entertaining viewing, but I’m afraid
Whistleblower alleges widespread lawbreaking inside Lloyds Banking Group
Another whistleblower has emerged from inside Lloyds Banking Group with well-documented evidence of illegal sales practices in the bank’s retail
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
Royal Bank of Scotland flies its true colours
The Jolly Roger – originally flown from pirate ships to frighten their victims into surrendering without a fight – is a strangely appropriate
Deloitte and the demise of RBS
One of Fred Goodwin’s first acts on being appointed Royal Bank of Scotland’s chief executive on 6 March, 2000 was
KPMG and the HBOS whistleblower
KPMG was already auditing Halifax when the ex-building society merged with Bank of Scotland a decade ago, and the audit
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’
RBS: Inside the Bank that Ran Out of Money (full one-hour documentary)
RBS Inside The Bank That Ran Out of Money is a major television project on which I worked as both
Bell Pottinger lobbyists brag about influence over David Cameron, George Osborne and Steve Hilton
Senior executives at Bell Pottinger, a leading public relations and lobbying firm, has been caught bragging about their ability to
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
If we must be slaves to a dead economist, let’s make sure we pick the right one
In this speech Bill Jamieson, executive editor of The Scotsman, elucidates on how we might pull ourselves out of the
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
S&P downgrades Royal Bank of Scotland and 36 other banks
I had a bizarre sense of déjà vu yesterday on learning of the mass downgrade of 37 of the world’s
There’s something rotten about RBS’s $52m settlement with Massachusetts
The Royal Bank of Scotland has agreed to a $52 million settlement over the selling, financing, packaging and securitization of
Lloyds Banking Group sued by Invista over non-payment of fees
Asset managers lose patience over £500,000 unpaid bill Lloyds Banking Group, whose shares tumbled last week on investor concern that
Ian Fraser’s writing recognised at annual State Street press awards
I have once again been shortlisted for Journalist of the Year at the State Street Institutional Press Awards, probably the
IMF raises red flags about China’s financial system
In its first ever formal assessment of the stability of China’s financial system, the International Monetary Fund has blamed heavy-handed state intervention
Mark Carney: The new sheriff in finance’s global village
The wild swings in global liquidity that continue to distort economies around the world might, if left unchecked, trigger the
Cannes summit failure leaves euro on borrowed time
ITALY/G20: Nicolas Sarkozy had hoped to use his time as head of the G20 summit to achieve lofty goals like