Paul Moore: if profit’s the only goal, people inevitably pursue improper means
Calls for a radical rethink of the political and economic system from the “HBOS whistleblower”, Paul Moore, could not have […]
Andy Haldane’s proposals for breaking the bankers’ doom loop
For a central bank director, Andy Haldane is remarkably alert to the widening cracks in the global financial system. Delivering the
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
Chris Hedges on Occupy: “People have finally woken up to the kleptocracy that we live in”
Pullitzer prize-winning war correspondent and author Chris Hedges last week gave thie interview to Occupy TVNY, about fast-growing Occupy Wall
Slowly, but surely, the media wakes up to Occupy Wall Street
How well or badly has the mainstream media done with its Occupy Wall Street coverage? In my view they started out
On banking, David Cameron is either clueless or a liar
David Cameron displayed an astonishing lack of understanding of the banking sector in his interview with Sarah Montague on the
Now it’s London’s turn
It looks like the City of London is about to be occupied too. A group calling itself Occupy London intends
Big Four finally held to account
The “Big Four” accountancy firms, whose complacency and dereliction of duty were major contributors to the banking crisis that tipped the
Anonymous takes aim at the cozy world of investment analysis
Why does anyone rely on ‘sellside’ research? The investment analysts who produce it, for free, tend to work for investment
Is BBC’s independent trader Alessio Rastani a prankster?
There has been much speculation that the “trader” who appeared on the BBC News channel yesterday may be prankster, and
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
Is RBS getting value for money from its £200m annual legal bill?
Royal Bank of Scotland spends over £200 million a year on legal fees and employs some of the finest legal minds
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
Without a proper inquiry into what went wrong, John Vickers risks tilting at windmills
The Independent Banking Commission was established by the UK’s coalition government in June 2010 as a means of kicking a thorny and
Did Sir John Vickers’ Independent Banking Commission go far enough?
This morning I was listening to Nicky Campbell’s phone-in programme on BBC Radio 5 Live. The topic was the final
Clydesdale takeover could see ‘lots of Scots thrown out of their homes’, says expert
NBNK REFUTES CLAIM AS SPECULATION OVER BANKING DEAL GROWS. BY IAN FRASER The possible sale of Clydesdale Bank to an
Ry Cooder | No banker left behind
In his new song, “No Banker Left Behind”, Ry Cooder channels Woody Guthrie to expose the havoc bankers have wrought
Norway’s ‘safe haven’ status could ironically harm its economic health
Few countries have been as well-cushioned from the global economic crisis as Norway. The country’s economy is on track to
It’s dawning on policymakers that letting bankers take the wheel means the economy gets driven into a cul-de-sac
There are eerie parallels between the continuing precipitous falls in the shares of European and UK banks and the stomach-churning
Europe’s short selling bans suggest lessons of 2008 have gone unlearnt
The temporary short selling bans that have been imposed by Belgium, France, Italy and Spain in the hope of rooting out perceived
The US downgrade has benefited Treasuries but sent France and French banks reeling
US Treasuries’ unexpected reaction to the US downgrade When Standard & Poor’s stripped the US of its ‘AAA’ credit rating