Bank robbery?
Global restructuring group and RBS, NatWest and Ulster Bank’s serial destruction of small firms In a recent Business Focus, the […]
The “financial terrorism” of Royal Bank of Scotland
Another of the banking scandals I’ve been covering for more than three years is gaining a wider audience, following the
£1 trillion timebombs that RBS must defuse
It won’t be broken up… but the future is far from plain sailing. By Ian Fraser Ross McEwan had
Review of the Year in Finance
The Libor scandal It was described as the banking industry’s ‘tobacco moment’. In June last year, Barclays was fined £290
Gavin Masterton and the riddle of Charlotte 18
Charlotte Eighteen, a shadowy company based in the tax secrecy jurisdiction of the British Virgin Islands, remains the subject of
The banality of vulture financing: The placid face of RBS’s distressed debt recycling factory
GRG: Derek Sach inadvertently gave away some of RBS’s trade secrets in this interview with Debtwire’s Mario Oliviero. Sach
UK: Divorce can be costly
Ian Fraser finds that Scottish independence would create a host of complications for newly created cross-border pension funds. But neither
Clydesdale Bank hasn’t turned gangrenous, but it’s festering and giving off a whiff
For some time now, I have been warning that Clydesdale Bank and Yorkshire Bank are seriously damaged institutions that could
Writing the wrongs of the financial crash
Fourdecades of laissez-faire policies have left Britain as a deeply indebted and uncompetitive economy that is unable to pay its way
Prince Andrew’s outburst in Bishkek proves it: Britain has become a Banana monarchy
In October 2008, on a visit to Bishkek, the capital of Kyrgyzstan, a “cocky” Prince Andrew not only welcomed, but
Scottish jobs market strengthens
Totaljobs recently reported an unprecedented rise in job opportunities in Scotland. Financial journalist and author Ian Fraser explains why. As
Hester got RBS back on an even keel but at what cost?
Stephen Hester’s five years at the helm of Royal Bank of Scotland were nothing if not tumultuous. Under his predecessor,
The beauty and insanity of high frequency trading
What’s become of the markets? Nanex, the market analysis firm, has animated a half-second of trading activity in Johnson &
Highland result demonstrates RBS bankers are no longer above the law
Royal Bank of Scotland accused of defeating opponents in court through fraud. Finally, a sign that banks and bankers are
Salmond’s £1.7m bung to KPMG is a kick in the teeth for taxpayers
The government of first minister Alex Salmond yesterday gave a £1.7 million Regional Selective Assistance grant to the ‘Big Four’
HSBC’s drugs money laundering settlement is a mockery of justice, says Elizabeth Warren
Senator Elizabeth Warren (Democrat-Massachusetts), has once again revealed the double standards at the heart of the US justice system. Appearing
Stephen Hester just doesn’t get it
Royal Bank of Scotland boss Stephen Hester was yesterday touring the television studios trying to convince us that he is
RBS’s light at end of the tunnel could be train that flattens it
AS the Royal Bank of Scotland boss Stephen Hester toured the broadcasters’ studios yesterday, he kept repeating the same mantras.
Stephen Hester: The great escape artist
It has been described as the biggest banking felony in history … yet no-one has been prosecuted for the Libor-fixing
Unicredit and the trouble with Dublin’s Cayman-on-the-Liffey
In September 2007, a year before Ireland’s banks went belly up, Jonathan Sugarman, a risk manager at Unicredit Bank Ireland,
Dear David Cameron: Please explain why bankers are now considered above the law
An open letter to David Cameron, prime inister of the United Kingdom of Great Britain and Northern Ireland, from Mrs N