This headline from the FT this morning tests credibility, except for the fact that it is true: I suppose there is merit in asking those
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Barclays is expectng to be fined £500 million for rigging foreign exchange markets. So, it's another day and another massive fine for a bank. Put
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Wonga has messed up. It’s lent to people who could not pay hundreds of percent interest rates. It’s even lent to people who just did
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I’ve already noted this morning that the government is intent on virtually eliminating, for all practical purposes, the right of many UK workers to strike.
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Another day, and more banking scandals. PWC amended a report to US regulators to hide their banking client’s abuse of US sanctions. They have been
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As Reuters have noted this morning: State-backed Royal Bank of Scotland  is preparing to offload the international arm of its Coutts private bank, separating it
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I note that US regulators have rejected thirteen major bank’s ‘living wills’, suggesting, according to the FT, that they are deficient and fail to convincingly
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The FT, Guardian and others note that HSBC was full of regret at its results announcement yesterday. As the Guardian put it: The chairman of HSBC warned
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A new banking scandal is emerging. As the Guardian reports: An epidemic of errors in credit and loan agreements is the latest expensive scandal to
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