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” […]
banks
The PPI racket reminds us that, for Britain’s banks, business as usual was rotten
There was a great editorial in Friday’s Guardian. As the UK banks including Royal Bank of Scotland, together with the
António Horta-Osório breaks banking’s mould
In Lloyds bows to the law, the Guardian’s financial editor Nils Pratley describes how the PPI misselling saga is likely to become a
Martin Lewis on today’s PPI court victory: banks have “behaved abominably” and “should hang heir heads in shame”
The High Court in London has today ruled that UK banks must compensate millions of people who they ripped off by
‘Rent gougers’ in bailed-out banks should be stripped of subsidy via worldwide Glass-Steagall
William Hopper, co-author with his brother Kenneth Hopper of the excellent The Puritan Gift: Reclaiming the American Dream Amidst Global Financial
Libor-rigging probe raises questions about strength of banks‘ ‘Chinese walls’
One of the biggest financial scandals of recent weeks involves the alleged “rigging” of Libor rates by a group of
Police dossier says former HBOS directors failed to act on fraud allegations
FSA and Business Secretary Vince Cable among those handed evidence linked to Operation Hornet investigation into alleged £1 billion scam.
Cogent King makes case for radical bank reform
It’s virtually unheard for the governor of a central bank to launch an outspoken attack on the integrity and purpose
Andy Haldane outlines proposals for breaking banking’s ‘doom loop’
The Bank of England’s Andy Haldane gave a fresh perspective on the causes of the global financial crisis and ran
An Irish financier tells it like it is
“Greed, greed, and more fecking greed.” This video was available on YouTube last year. Then it disappeared. But it is
Is the House of Lords’ crisis inquiry putting the FCIC to shame?
The many inquiries into the financial crisis have turned over plenty of stones but have failed to find any smoking
Bill Black: “Our financial institutions are being run by sociopaths”
Bill Black. As I’ve said before, William K Black, professor of economics and law at the University of Missouri, and
Bob Diamond living in La-La Land
The Barclays investment banker told MPs on the Treasury Committee that the “period of remorse and apology” is over, and
RBS executives seem to think they’re above the law
As they scramble to shore up their balance sheets, Britain’s banks are treating some of their corporate and small and
FSA’s attempts at an RBS whitewash take further knock… from WikiLeaks
A cable published by WikiLeaks and the Guardian suggests that, contrary to the recent “review” (or “whitewash”?) of RBS by
Pension giant considers RBS pull-out over governance worries
Scotland’s largest pension fund is considering disinvesting in Royal Bank of Scotland shares over concerns about poor environmental, social and
Irish bailout seems to unravel before it’s even announced
You know that things must be getting desperate in Ireland when significant numbers of the country’s population want to draft
‘Trust Me I’m A Banker’ / ‘Carry on banking’ – BBC investigation into bankers’ recidivism
BBC Scotland’s Trust Me I’m A Banker, an investigative documentary fronted Mark Daly on which I advised and helped to
Former HBOS banker bailed over alleged money-laundering
A former HBOS banker who has been linked to an alleged money-laundering scandal was arrested and bailed last week by
Banking’s Abu Ghraib
A fourth person has been arrested in relation to Thames Valley Police’s investigation into “corruption and large-scale fraud in connection
Bankers’ response to Basel III suggests they’re some way from rebuilding trust
If British banks want to win back friends, they sure have an odd way of going about it. Their crabbit