AIG = Arrogance Ignorance & Greed
Just heard this track from Show of Hands on Radio 4’s ‘Midweek’ with Francine Stock. The West Country ‘acoustic roots’ […]
Obama grasps nettle of “too big to fail” banks
Believe it or not, I have some sympathy for the politicians who are having to sort out the widespread problems
Eric Daniels insists HBOS disclosures were “thorough”
Eric Daniels believes Lloyds’ disclosures relating to its HBOS takeover were “thorough” and “accurate”. So why no mention of £25bn
Developments ‘paralysed’ as bankers dither over selling sites
SCOTLAND’S banks are sitting on hundreds of millions of pounds worth of hidden toxic debt from property loans that are
Scotland’s avoided economic meltdown… now let’s look to the past for future inspiration
Even though the recession has now been under way for at least 18 months, and this has been the longest
Press freedom – 1, Interbrew and FSA – 0
There was an important victory for press freedom and for unbiassed financial journalism at the European Court of Human Rights
Backroom boy Mark Fisher moves up front
Profile of the week: Mark Fisher, integration director at Lloyds Banking Group Some are lucky to survive disasters, others seem
Too big to reform?
In case anyone needed reminding, Sir Howard Davies has pointed out that, following the events of last Autumn when the
Strongbow advert: Bankers told to “sod off”
This commercial for Strongbow cider was first aired in June 2009, though somehow I only discovered it today. It is
Walter Scott financier cashes in as Mellon exit deal nears completion
Managing director Alan McFarlane to quit Edinburgh fund manager Walter Scott under terms of ‘earn-out’ clause One of Scotland’s highest-paid
Disappointed Murray lieutenant makes exit from debt-laden empire
Sir David Murray, chairman of debt-laden metals-to-property conglomerate Murray International Holdings (MIH), has parted company with one of his most
Archie Kane drops a few bombshells in Holyrood’s economy committee
Archie Kane today admitted what everyone else has suspected for some time — that HBOS was effectively bust at the
WAITING GAME
Potential vendors are waiting for a recovery, potential acquirers are waiting for the bottom of the market and, as Ian
Dubai’s default should come as no surprise
Dubai’s default, expected in days, highlights the hubris of its developers and Emirate’s weak governance Why are people shocked that
Scotland’s finance sector faces “lost decade” thanks to bank collapses, says Item Club
Item Club reveals extent of slump and says output won’t recover until 2015 Scotland’s finance sector has been condemned to
Stephen Hester: “RBS was the poster child of excess in the banking industry”
Stephen Hester, chief executive of the Royal Bank of Scotland, has once again put the boot in to his predecessor
‘Big Four’ audit firms had a pivotal role in global financial crisis
Since the global financial crisis first erupted in the United States in July 2007, the group which has perhaps got
How Orwellian is modern Scotland?
How independent is Scotland’s justice system? Not very, according Ian Hamilton QC, who has written a powerful blog post on
Insolvency gravy train to hit buffers?
It’s becoming increasingly apparent that the world of insolvency has become an unregulated free-for-all where it no longer seems to
Lloyds TSB chair Sir Victor Blank: “I think we’re creating a Great British bank”
Was Lloyds TSB kept in the dark about the parlous state of HBOS’s corporate loan book? Should Lloyds TSB have
The unanswered questions around the emergency HBOS cash call
Just four months before its humiliating collapse into the arms of Lloyds, HBOS’s chairman assured shareholders it had sufficient funds