Lloyds chief denies taxpayer is losing out because of ‘dealmakers’
Lloyds Banking Group’s executive director of wholesale banking, Truett Tate, has defended alleged “rewards for failure” for a team of […]
FSA
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
Two steps forward … is the recovery of state-rescued banks RBS and Lloyds a chimera?
Three years after the onset of the credit crisis, when British banks including RBS and Lloyds narrowly avoided bankruptcy thanks
Banks need unified global rules, says Lloyds chair Win Bischoff
SIR WIN BISCHOFF, chairman of Lloyds Banking Group, which is 41% owned by the British state, has said governments and
The secrets and lies of Gordon Brown
Gordon Brown recently branded Goldman Sachs “morally bankrupt” and asked the FSA to investigate it. Yet he has turned a
Skulking in Gresham Street
Lloyds Banking Group, AKA “the most hated bank in Britain“, today unveiled higher-than-expected annual losses of £6.3 billion. The Gresham
Is the FSA finally getting serious about HBOS wrongdoing?
Jo Dawson and Dan Watkins, the two senior executives who resigned from Lloyds Banking Group on 5 February 2010, were
Inquiry asks if HBOS misled over rights issue
A Financial Services Authority investigation into whether HBOS’s former board misled investors at the time of the bank’s abortive £4bn
Lloyds Banking Group: the new Enron?
Lloyds Banking Group has been given the go-ahead to proceed with a £13.5bn rights issue as part of a wider
McFall’s committee ‘ignored the FSA’s complicity in crisis’
How effective has the Treasury Select Committee, chaired by John McFall MP for the past ten years, been in holding
Soft soaping Sir Victor Blank adds little to sum of human knowledge
Sir Victor Blank, who has been forced out as Lloyds Banking Group chairman by investors, has spent the weekend trying to
The recklessness of Cummings
Speaking on Bloomberg TV, Justin Urquhart-Stewart, director of Seven Investment Management, has described HBOS as being “pregnant with the spawn of
Foulkes’ questions about the RBS culture under Goodwin need answered
RBS CULTURE OF BULLYING WAS SET FROM THE TOP The Observer this morning ran a story saying that three of
Unfab Four: bosses of failed banks RBS and HBOS grilled by Treasury Committee, 9 February 2009, and why Crosby must step down from FSA
It was a case of “we’re sorry but we’re not to blame” at the Treasury Select Committee hearing on Tuesday
The curious incident of the regulator in the night–time
The media is barking up the wrong tree. Instead of obsessing about bonuses, they should be focusing on the HBOS
HBOS misled investors over £4bn rights issue, says former executive
Call for probe into ‘favourable gloss’ in rights issue prospectus. By Ian Fraser A FORMER Bank of Scotland senior executive
That sinking feeling
Government hopes that its latest raft of measures would persuade banks to start lending to each other again – and
The end of laissez-faire?
REGULATION: The cataclysmic events in the financial world have turned the tide against faith in the self-correcting power of the
Paul Moore: James Crosby sacrificed risk management on the altar of growth
HBOS under Crosby — a bank out of control? Another former senior executive at HBOS has come forward to admit
Can politicians really make banking leopards change their spots?
MARKETS IN MELTDOWN: The UK government’s £500 billion bail‑out could backfire by giving banks licence to continue their reckless behaviour
Banks warned to curb payouts as crisis bites
Big five banks admonished by BoE governor Mervyn King as they plead for more support BANK OF England governor Mervyn