‘Now that the FSA chief executive has gone – its chairman should be next’
One of Scotland’s highest-profile investment experts, Alan Steel, has called on Financial Services Authority chairman Lord Turner to “consider […]
Royal Bank of Scotland
Thousands launch £3 billion legal action against Fred Goodwin
WARNINGS of legal action will be delivered today to former Royal Bank of Scotland chief executive Fred Goodwin and his
Revealed: the hornet and the sting which are stopping us learning the truth about the HBOS’s collapse
Results released last Friday showed a sea of red ink engulfing the state-rescued Lloyds Banking Group. Trumpeted at the time
The media frenzy about RBS bonuses and Fred Goodwin’s knighthood is a sideshow
Financial commentators are, suddenly, in demand and it’s largely down to the continuing failure of banks to properly reform themselves
The battle of Hester’s bonus: Labour’s hypocrisy, PIRC’s doubts
Labour is being incredibly hypocritical over the £1 million share-based bonus recently awarded to RBS boss Stephen Hester. It was
Dear Economist: ‘revolving door’ capitalism has its flaws too
As part of its special report on state-sponsored capitalism, published in its 21 January issue, the Economist berated emerging markets including
Stripping Fred Goodwin of his knighthood won’t solve the banking crisis
The current cross-party campaign to have Sir Fred Goodwin stripped of his knighthood makes for entertaining viewing, but I’m afraid
Deloitte and the demise of RBS
One of Fred Goodwin’s first acts on being appointed Royal Bank of Scotland’s chief executive on 6 March, 2000 was
RBS: Inside the Bank that Ran Out of Money (full one-hour documentary)
RBS Inside The Bank That Ran Out of Money is a major television project on which I worked as both
The FSA’s cosy deals are a travesty of regulation
Ever since its failures as a regulator first became widely apparent with the collapse of Northern Rock in September 2007, the UK’s
St Paul’s Institute shines a light on the City’s dark heart
The bizarre contortions that the Church of England got itself into over the protesters who are camping outside St Paul’s
S&P downgrades Royal Bank of Scotland and 36 other banks
I had a bizarre sense of déjà vu yesterday on learning of the mass downgrade of 37 of the world’s
There’s something rotten about RBS’s $52m settlement with Massachusetts
The Royal Bank of Scotland has agreed to a $52 million settlement over the selling, financing, packaging and securitization of
Andy Haldane’s proposals for breaking the bankers’ doom loop
For a central bank director, Andy Haldane is remarkably alert to the widening cracks in the global financial system. Delivering the
Occupy: “The dukes and earls in America’s great tower of bullsh*t are starting to blink”
What is Occupy Wall Street and what is it trying to achieve? There may be a good few Maoists, Trotskyists, Anarcho-Syndicalists
On banking, David Cameron is either clueless or a liar
David Cameron displayed an astonishing lack of understanding of the banking sector in his interview with Sarah Montague on the
Is RBS getting value for money from its £200m annual legal bill?
Royal Bank of Scotland spends over £200 million a year on legal fees and employs some of the finest legal minds
Steve Baker’s bill would expose banks’ false profits, overstated capital and disguised losses
My work on the flawed nature of “mark-to-market” accounting and IFRS accounting standards has been included as supporting evidence in
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”
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