I have received the following report: Following the problems in the sub-prime lending market in America and the run on HBOS in the UK, uncertainty
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Everywhere you turn at present you read or hear people saying there is a need for a fundamental reform of the banking system. The difficulty
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This by me on Comment is Free: The government has acquired a major stake in the Royal Bank of Scotland. There is something extraordinarily perverse
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My friends down at Private Eye have been doing the sort of thing that only they do best, like asking awkward questions. Having noted questions
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The Guardian has reported: Switzerland’s two biggest banks today turned to the country’s government and sovereign wealth funds to bail them out in a fresh
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Wise words from Andrew Phillips (Lord Phillips – a Liberal Democrat: As one who has sat on each side of the triangular regulatory table –
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It was inevitable I guess. Once the banks had been offered a bail out they’d ask for the cash without conditions attached. Which is exactly
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By Larry Elliott in today’s Guardian: This, though, is an opportunity for global as well as domestic reform. In the past, any efforts at cracking
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Bloomberg report: The U.K. Treasury should tell banks receiving investment from the government to close their operations in offshore tax havens, said Vince Cable, a
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