It’s two years since Lehman collapsed. Two years since the world’s economies looked over the edge of the crisis that banking created, and were pulled
Read the full article…
Goldman’s credibility in tatters – now will HMG stop using them?
Goldman Sachs are to be fined £20m by the UK’s Financial Services Authority for their failure to disclose to the FSA that they were being
Read the full article…
Financial transaction taxes and Europe
The EU’s committee of finance ministers is called ECOFIN. It met today and considered a European financial transaction tax. The resulting press release is here.
Read the full article…
Citi’s deferred tax – an asset of dubious worth
The FT notes that Citigroup is at the centre of a dispute among analysts and accounting experts over whether it should set aside funds to
Read the full article…
Banking does not need Diamonds
The FT notes that Barclays will today confirm Bob Diamond, head of its fast growing investment bank, as its next chief executive. I suppose we
Read the full article…
The IMF moves towards a Robin Hood Tax
As the Observer notes today: European Union finance ministers will step up talks on raising extra money from banks this week amid signs that the
Read the full article…
Peston says it’s time for a Robin Hood Tax
Robert Peston is an annoying television presenter , although living proof that competence can overcome a poor TV delivery. But on occasion he delivers the
Read the full article…
For heaven’s sake Alistair – what did you expect?
Alistair Darling says, according to the FT, of his banker’s bonus tax: “I think it will be a one-off thing because, frankly, the very people
Read the full article…
Who was at fault for setting sub-standard accounting rules that allowed UK banks to fail?
Tim Bush does, in effect ask the above question in his paper on the failings of the IFRS with regard to UK and Irish banking
Read the full article…

Buy me a coffee!
