A short history of RBS and NatWest’s Global Restructuring Group
Have NatWest and RBS gone rogue? Has the Royal Bank of Scotland, which has owned NatWest for the past 12 […]
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Banks in Hungary and Slovenia looking precarious
The IMF has produced a blog on the precariousness of banks in Central and Eastern Europe. The majority of banks
Soros: The Germans must show “leadership” or the euro is toast
George Soros caused quite a stir when, in a remarkable 4,400 word speech at the Festival of Economics at Trento, north-eastern Italy
Accusations of “systemic institutionalised fraud” at RBS fall on deaf ears
On Wednesday 30 May, a shareholder stood up at the Royal Bank of Scotland’s annual general meeting and made some
George Soros: Germany and the Bundesbank have three months to save the euro
Remarks made by George Soros at the Festival of Economics, Teatro Sociale, Trento, Italy 2 June 2012 Ever since the
Sir David Walker agrees. UK banks’ misselling of swaps ‘despicable’
Baroness Hogg, chairman of the Financial Reporting Council, Peter Montagnon, senior investment adviser at the FRC and Sir David Walker,
Football as war: bizarre Chinese TV commercial for Euro 2012
I am glad to see our Chinese friends are getting such a balanced view of Europe. This three and half
Everyone in finance should read David Bermingham’s “A Price To Pay”. Guest post by Rowan Bosworth-Davies
By Rowan Bosworth-Davies White-collar crime, and particularly fraud and wrong-doing in the City of London, has been ignored by regulators
The Case for a Financial WikiLeaks. Guest post by Brett Scott
By Brett Scott The greatest barriers to financial whistleblowing are social and economic, not legal. Fear of being shunned by
This interview with Chris Hedges is a tour de force
In this interview and Q&A session broadcast on C-Span’s Book TV‘s In Depth Chris Hedges provides a devastating analysis of what
CBI and Barclays still ensnared by the delusion of performance-related pay
The debate over executive pay is turning ugly. In the UK, investor disquiet about the unwarranted rewards routinely doled out
City analyst: Barclays’ approach to paying Bob Diamond is “just laughable”
I was happily reading my Sunday Telegraph business section at the weekend, when a particular quote jumped out at me. A City
Exchanges circle wagons as high frequency traders risk emasculation
High-speed traders use powerful computers to identify orders as they emerge and instantly trade ahead of them, hoping to
Fear and loathing in City of London as Barnier taps raw consumer power
Michel Barnier is viewed with a mixture of fear and loathing in the City of London. In the Square Mile,
Can you trump this? ‘The Donald’ sings Bohemian Rhapsody
Donald Trump does Bohemian Rhapsody In November 2010 Queen guitarist Brian May gave his permission for Bohemian Rhapsody to be
The time is now. Why we need a proper, independent Public Inquiry into UK banks
Demands for a Leveson-style public inquiry into the UK’s dysfunctional banking sector are reaching a crescendo following the FSA’s partial
FSA bombshell changes everything for ex-HBOS directors Crosby, Stevenson and Cummings
Yesterday was an extraordinary day in the world of banking. First we had confirmation from Barclays, Lloyds Banking Group and
Neo-classical economics led us into a cul-de-sac. Now we must find a way out
The “Washington Consensus,” the set of free-market policies promoted by Washington D.C.-based institutions such as the World Bank and International
Gauging China’s economic future: fair to middling
China is so vast, its leaders so inscrutable, it’s future so tied to imponderables — including who will succeed premier Wen
Where did it all go wrong for Clydesdale and Yorkshire Banks?
The allegations of “a black hole”, “reckless commercial property lending in 2005-07”, “dodgy accounting” etc at National Australia Bank’s UK
FSA’s Hector Sants passes the buck for the financial crisis
At a hearing of the Treasury Select Committee held in Portcullis House on 30 January 2012, Hector Sants,