As the FT has reported: The vehicle that funded Northern Rock’s ambitious expansion of mortgage lending has been cut loose by the state-run bank –
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The Barclays Bank fiasco, of it accepting an offer of funding from Middle East investors at an interest rate of 14%, at a tax cost
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From the FT: Non-executive directors contributed to the financial crisis by failing to challenge the management of many top banks, said Paul Myners, the UK’s
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At least the government has seen sense and offered the Post Office network an essential lifeline by renewing the Post Office Card Account contract. Now
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Bloomberg reports: A top UBS AG official was indicted by a U.S. grand jury on one charge of conspiring to help 20,000 wealthy Americans hide
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There’s quite a debate going on regarding concerns Francine McKenna and I have raised regarding the problems of banks failing after Big 4 auditors issued
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The FT has reported: American Express became the latest financial group to convert to a bank holding company in a surprise move on Monday that
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I’m going to be cautious here, as there may be real differences that explain this story, but the FT has reported that (and I’ve edited
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I’m amazed. The Monetary Policy Committee have cut interest rates in the last few minutes by 1.5% to a new rate of 3%. In doing
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