UK Bankers

Who Needs to Be a Millionaire?

Megan Hughes | Posted 18.03.2014 | UK Universities & Education
Megan Hughes

In a recent interview in the Observer, Vince Cable admitted that he '[doesn't] understand why people need a million quid a year'. He isn't the first to question the growing divide between rich and poor, but he is one of the most high-profile politicians to do so in recent times...

Mehdi's Morning Memo: Vince Vs The Home Office

Huffington Post | Mehdi Hasan | Posted 06.03.2014 | UK Politics

Here are the five things you need to know on Thursday 6 March 2014... 1) VINCE VS THE HOME OFFICE The Guardian reports on the latest outbreak o...

RBS Reveals A £8.2bn Loss.. And A £576m Bonus Pot

PA/The Huffington Post UK | Posted 27.02.2014 | UK

Taxpayer-backed Royal Bank of Scotland has recorded pre-tax losses of £8.2 billion for 2013, as it revealed a a staff bonus pot of £576 million. ...

Dirty Needles, £10 Blowjobs and Bankers: I Worked the Bar at a 'Gentlemen's Evening'

Ian Horrocks | Posted 21.02.2014 | UK Lifestyle
Ian Horrocks

Last week I worked a 'gentlemen's evening'. Pause for a second. Appreciate that phrase from a purely literal perspective. Now, forget the literal meaning because there is nothing gentlemanly about gentleman's evenings.

Bankers' Bonuses and the Economy

Paul Lees | Posted 19.02.2014 | UK
Paul Lees

Perhaps it would be beneficial for Britain to pick up some tips from Germany as medium-size companies drive their economy. Today one-third of the country's sales, jobs and GDP come from businesses of this size, many of which are family-owned and focus on exports.

How Do Hormones Make Bankers Worse In A Crisis?

The Huffington Post/PA | Posted 18.02.2014 | UK

Financial crises can be made worse by the hormones of stressed bankers could make them take less risky decisions, a study suggests. High levels of ...

Mehdi's Morning Memo: 'Sleepwalking Into A National Security Crisis On Climate Change'

Huffington Post | Mehdi Hasan | Posted 16.02.2014 | UK Politics

Here are the five things you need to know on Sunday 16 February 2014... 1) 'SLEEPWALKING INTO A NATIONAL SECURITY CRISIS ON CLIMATE CHANGE' We'v...

How Many Rogue Bankers Have Been Sacked Since The Crash?

The Huffington Post UK | Asa Bennett | Posted 10.02.2014 | UK Politics

Nearly 6,000 bankers, brokers and financial advisers in the City of London have been sacked or suspended for misconduct since the start of the financi...

Bankers Are Criminals? Yes, Says Conservative MP Steve Baker

Colleen Becker | Posted 07.04.2014 | UK Politics
Colleen Becker

Q. What is your position on the criminalization of bankers in the wake of the global financial crisis? A. Things which were crimes at the time should be prosecuted as such...

Mehdi's Morning Memo: The Osborne Ultimatum

Huffington Post | Mehdi Hasan | Posted 25.01.2014 | UK Politics

Here are the five things you need to know on Wednesday 15 January 2013... 1) THE OSBORNE ULTIMATUM Can the Tory leadership shut down the Europe ...

Woman Honoured Who Fought Bob Diamond's 'Obscene' Pay

PA/The Huffington Post UK | Posted 23.01.2014 | UK

A former Barclays director who fought against former chief executive Bob Diamond's "obscene" pay packet at the bank has been made a dame in the New Ye...

Do RBS Bankers Deserve £500m In Bonuses This Year?

The Huffington Post UK | Asa Bennett | Posted 23.01.2014 | UK

Royal Bank of Scotland bankers are set to rake in £500m in bonuses this year, despite the state-backed bank suffering a series of scandals like alleg...

Is Being A Banker Genetic?

The Huffington Post UK | Jessica Elgot | Posted 28.11.2013 | UK

Boris Johnson is the latest high-profile Tory to insist that those with a higher IQ will achieve most in life, and a difference in intelligence is at ...

Banker Jailed After Spending Embezzled Money On Drugs And Prostitutes

The Huffington Post UK | Asa Bennett | Posted 27.11.2013 | UK

George Kalmar, a former "rising star'"at Morgan Stanley, has been jailed for two years after embezzling nearly £400,000, which he spent on a decadent...

Bank Of England Governor Will Not Be A 'Cheerleader' For The City

The Huffington Post UK | Paul Vale | Posted 13.11.2013 | UK

The Bank of England’s governor has promised to "root out corruption" in the City and "make the financial system safe". Speaking on Channel 4 New...

Why Could Bankers Be Banned From Online Chat Rooms?

The Huffington Post UK | Asa Bennett | Posted 11.11.2013 | UK

Big banks like the Royal Bank of Scotland, Barclays and JP Morgan could ban their traders from online chat rooms in order to limit any risk of collusi...

Osborne Dodges £471,000 EU Cap On Banker Pay

The Huffington Post UK | Asa Bennett | Posted 07.10.2013 | UK Politics

George Osborne has risked public controversy by starting the process to break up the Royal Bank of Scotland early in order to avoid tough EU rules, su...

A £125k Bottle Of Champagne? Here Are More Shocking Banker Bar Binges...

The Huffington Post UK | Asa Bennett | Posted 30.08.2013 | UK

British bankers lead stressful lives. Politicians don't want them to be paid too well, but appreciate the millions they get from the City of London...

Want To Know Some Odd Ways To Make Money?

The Huffington Post UK | Asa Bennett | Posted 27.08.2013 | UK

"Money makes the world go around," as they once sang in the musical Cabaret. The lyrics might well ring true, given the financial strife Greece fin...

How Many Bankers Flunked Their Ethics Test?

The Huffington Post UK | Asa Bennett | Posted 20.08.2013 | UK

A banking ethics test for young investment bankers was passed with a 98% success rate this year, according to the Chartered Institute for Securities &...

Very Little Is Being Done to Protect Society From Another Economic Crash

Adnan Al-Daini | Posted 05.10.2013 | UK Politics
Adnan Al-Daini

Our government, using hundreds of billions of pounds of our taxes, rescued the banks from collapse. Have they got the guts to do what is required to save us from the next collapse? I am not holding my breath.

Asa Bennett

SFO Acted On Only Three Tip Offs, After Receiving 5,600

HuffingtonPost.com | Asa Bennett | Posted 08.08.2013 | UK

The Serious Fraud Office has acted on just three out of nearly 5,600 tip-offs it has received, it can be revealed. With the City of London fighting...

Asa Bennett

Bankers Shun 'Flamboyant' Red Braces For 'Fun' Pink

HuffingtonPost.com | Asa Bennett | Posted 06.08.2013 | UK

Bankers have had to sharpen up their act since the 2008 financial crisis, it would seem. It's not just in terms of responsibility, but also in dres...

‘Bankers Thrive As Working People Struggle'

The Huffington Post UK | Asa Bennett | Posted 05.08.2013 | UK Politics

Bankers' bonuses have soared to new heights while most people believe the economic recovery is failing to benefit those on lower and middle incomes, a...

HSBC Branches Close After Being Targeted By UK Uncut

PA/Huffington Post UK | Posted 20.07.2013 | UK

A number of HSBC branches across the UK closed "as a precaution" on Saturday after demonstrators from a direct action group staged protests outside. U...