It takes a woman to remind us what the markets are for
Despite the best efforts of various governments to cauterise the problem of collapsed and collapsing banks, we are this weekend […]
The sage of St Colme Street: Why was nobody listening?
Ian Rushbrook, the Edinburgh-based fund manager once described as a “perma-bear”, was for many years a voice in the wilderness.
Dubai’s economic miracle (literally and figuratively) built on sand
Cracks are starting to appear in the the economic miracle that was Blingopolis, otherwise known as Dubai. The over-stretched and
After the fall
As the world braces itself for the consequences of the collapse of the financial system, a new model will have
Britain fiddles while the credit market burns
100% deposit guarantee for Irish banks worries UK rivals IN THE Whitehall of Sir Humphrey and James Hacker, it was
Fears over staff pensions as Strathclyde takes a hit
UK’S largest local authority pension fund, the £9bn Strathclyde Pension Fund, has admitted it has been caught out by the
Storm clouds gathering
With the threat of recession looming and a private equity market that punches well beneath its weight, the future for
Currency management: A long road ahead
PRODUCT FOCUS: ACTIVE CURRENCY MANAGEMENT Strathclyde and Lothian pension funds are just some of the investors that are allocating money
Americans tell Wall Street: Why should we bail you out?
Henry “Hank” Paulson pitched it as a panacea for America’s financial woes. But, despite the warnings from US president George
The management incompetence and cosy political stitch-up that spelt curtains for HBOS
Lloyds TSB chairman Sir Victor Blank has convinced himself that with HBOS he’s getting the pride of British banking on
The subprime crisis explained… by John Bird and John Fortune
In case you missed it when it was first aired last year, this sketch by John Bird and John Fortune
‘Scores of people have spoken to me about this deal and voiced their concerns. They are genuinely horrified’
The inside story of how Lloyds TSB swallowed up HBOS and attempts to block the deal IT WAS presented as
Call to sack HBOS directors
HBOS directors including Andy Hornby were asleep at the wheel and should not be allowed to hop across to the
Listening to the world
INTERVIEW OF THE WEEKDell founder Michael Dell They may wear big hats in Texas. But Michael Dell, founder, chairman and
HBOS: The crash landing
HBOS wasn’t a victim of “spivs and speculators” in the City; it was very much the author of its own
Scottish Widows to rise from HBOS ashes
Edinburgh emerges as preferred location for life, pensions and asset management jobs, with Scottish Widows the preferred name EDINBURGH has
Profits at Gannett’s Newsquest Herald & Times unit shock staff
Newsquest Herald and Times Ltd, owner of The Herald, Sunday Herald and Glasgow Evening Times, has surprised many members of
The end of HBOS
How HBOS ran out of road Halifax Bank of Scotland — created from the expedient merger of Halifax and “Governor
Lehman Brothers collapse: Bernanke and Greenspan see sense
American politicians and regulators have called Dick Fuld’s bluff this weekend. Until the weekend, there was a view that certain
Wake-up call on law firm costs
Technology, regulatory change and offshoring are all reminders that legal firms need to be more progressive about their service LAW
When Bush, Bernanke and Paulson turned ‘Communist’
The decision of President George W. Bush and his colleagues Treasury Secretary Henry Paulson and Federal Reserve chairman Ben Bernanke