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 […]
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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
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
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
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
Save the euro: it’s too early for Europe’s leaders to crack open the champagne
The package of measures thrashed out by French president Nicolas Sarkozy, German chancellor Angela Merkel and other European leaders at
Italy offers a warning
There aren’t many signs of national bankruptcy in Siena, capital of Siena province in Tuscany. There is the odd boarded-up
Accountancy lost sight of its primary role to the detriment of us all
Accountancy has changed beyond recognition since the 1970s. At that time the accountancy professor Roy Sidebotham wrote: “There seems to be
Board’s role ‘off limits’ in police probe of alleged £1bn HBOS fraud
THE police force investigating an alleged £1 billion fraud at the former Reading operation of HBOS has no plans to probe
Lack of liquidity bad for big bond funds
There were a few raised eyebrows in the City when fixed-income manager Rod Davidson declared recently that lack of liquidity
Alex Salmond’s silence on banking is “elephant in room” for Scottish independence
Since Alex Salmond’s Scottish National Party secured a majority in Scotland’s parliamentary elections on 5 May, there has been much debate about
The Osborne ultimatum: Banks must split or else
The announcement from Chancellor of the Exchequer George Osborne that British banks are going to be forced to “ring fence”
It’s time investors saw sense and stopped giving credence to rating agencies
The credit rating agencies performed so woefully in the run-up to the global financial crisis, one might have thought they would
Why the IMF needs a non-European head
In wake of the resignation of “le seducteur extraordinaire” Dominique Strass-Kahn, we are in need for some fresh thinking on
Clydesdale suffers £3bn setback in bid to buy Lloyds’ branches
FSA demands raise capital cost of acquisition, while Sir Richard Branson says he expects to bid for 600-plus network. By
Après Dominique Strauss-Kahn, le déluge?
Even several days after the story first broke, the Dominique Strauss-Kahn affair beggars belief. One of the most powerful men
Conflicts of interest a big issue for banks
As Antonio Horta-Osório, chief executive of Lloyds Banking Group, weighs up whether or not to sell Scottish Widows Investment Partnership,
Lloyds faces protest over boss’s £13m ‘golden hello’
Lloyds Banking Group is facing a protest vote from investors against the £13.4m package and generous pension awarded to chief
Fair Pensions exposes conflicts at heart of pensions management and calls for radical reform
FairPensions has produced an excellent, in-depth report which lifts the lid on the conflicts of interest at the heart of
Worries over land mean Spain could be next in line for a bailout
When Portugal’s prime minister Jose Socrates formally requested a bailout for Portugal on 6 April 6, it left just two of