There were some useful bits in Alistair Darling’s Mansion House speech yesterday: The first lesson is that transparency is paramount. To promote greater transparency, accounting
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Casino banking must go
Mervyn King was right last night when speaking at the Lord Mayor’s banquet: If some banks are thought to be too big to fail, then,
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And you see green shoots?
FT.com / Brussels / Economy – Eurozone banks face $283bn writedowns . Eurozone banks face additional losses of more than $283bn this year and next
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Don’t make us pay – we’re bankers
FT.com / Companies / Banks – Banks fear effect of FSA rule changes. The trade body for banks will tell the Financial Services Authority today
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S.E.C. Accuses Countrywide’s Ex-Chief of Fraud
S.E.C. Accuses Countrywide’s Ex-Chief of Fraud – NYTimes.com. Angelo R. Mozilo, the self-made man from the Bronx who built Countrywide Financial into the nation’s largest
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Banks should pay for their own bailouts
Banks should pay for their own bailouts – Telegraph. The need for governments to rush to the help of banks every few decades seems to
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Barclays to scrap final salary pensions
FT.com / Companies / Banks – Barclays to scrap final salary pensions . Jenkins and Diamond: 40 Barclay’s staff: Love Don’t doubt it: that’s what
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Chums can’t regulate chums
From the Guardian: Lord Myners is savaged for "naivet?©" over his handling of Sir Fred Goodwin’s £16.9m pension pot in a damning report by the
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Indian ambassador to Luxembourg says banking secrecy laws attract illicit funds
Jaimini Bhagwati, the Indian Ambassador to the EU, Belgium and Luxembourg has written in the Indian Business Standard, saying: Anti-money laundering efforts will not succeed
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