I have just spent over two hours watching Margaret Hodge and the Public Accounts Committee questioning Stuart Gulliver, Chris Meares and Rona Fairhead of HSBC.
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A £10 billion cash grab or generosity beyond belief?
Jolyon Maugham has put forward an interesting argument on his blog. He has argued that the Coalition government’s plan to restrict the use of losses
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RBS: a tale of George Osborne, the cowardly politician
If evidence is needed that we continue to be governed by cowardly politicians of the sort that I described in The Courageous State then George
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How dare we call the Masters of the Universe to account?
As the FT notes this morning: HSBC’s chief executive has complained that bankers are being held to a higher standard than bishops as the UK
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Bankers must remain on parole
This came from the HSBC Chairman’s statement this morning: The recent disclosures around unacceptable historical practices and behaviour within the Swiss private bank remind us
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New banking laws won’t deter talent, but they might deter free loaders
As the FT notes this morning: UK regulators will include banks’ and insurers’ senior non-executives alongside chairmen in a tough new personal liability regime to
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Did the boss do it in Switzerland via Panama with his bonus?
I am not sure it is a universal truth that if you believe in what your company does then you should use its products. But
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How to beat tax evasion in the UK
I was asked yesterday how we could beat tax evasion in the UK. This line of questioning usually starts with the person asking (often, as
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