Senior bankers should be jailed for reckless misconduct whilst managing banks, a parliamentary commission has concluded. The cross-party group's fi...
A realistic, integrated and equitable adjustment program needs to be put in place for the whole Eurozone. This program must put the interests of Eurozone's citizens ahead of those of its banks and politicians.
The news that came that the chief executive of RBS will stand down and yet no announcement for a new one seems to be something that troubles many people.
The Archbishop of Canterbury has told the UK's banking industry "to be good". Justin Welby said banks "can be good with the fear of hell and the ho...
Royal Bank of Scotland chief executive Stephen Hester is to step down from the group later this year. The subject of numerous 'fat cat' headlines, ...
Former HBOS chief executive James Crosby has been formally stripped of his knighthood at his own request following a scathing parliamentary report int...
The ten things you need to know on Sunday 9 June 2013... 1) WESTMINSTER FOR SALE, WEEK TWO? First Patrick Mercer. Now Tim Yeo. From the Sunday T...
There is no simple answer to whether retail banks still need branches for customers to visit. The truth is that, even though regulation and technology is moving at pace, it will depend on the bank, the region and the customer.
There is a hidden menace lurking at the heart of many large organisations today. It can lie dormant for many years and senior managers may be blissfully unaware of its presence. Major enterprises have evolved complex email architectures that frequently connect to a web of applications stretching back decades.
C'mon bankers. Re-invent banking. This is a big opportunity. Then you'll find your customers will come up with a more, ahem, grown up and positive sobriquet.
Sir Mervyn King has called for an end to the demonisation of bankers over the financial crash, insisting the problem was with the system rather than i...
The calls for banking reform are growing. About time. The big crash was more than five years ago. Since then we've had Libor rate-fixing, bonuses for failed financiers, massive fines for malpractices by leading banks, mis-sold PPI, interest rate swaps, fraud, money-laundering and tax dodging. Scandal after scandal. Are we mugs or masochists? Why do we put up with it? The rot has got to stop.
Hate bankers and love Bill Oddie? You've come to the right place! The comedian-presenter has made a video for Global Witness which sheds light on H...
The Co-op has defended its banking business after a ratings agency said it may need "external support" to maintain regulatory capital levels. In a ...
The real problem with any shareholder uprising against the undeserved meteoric rise in boardroom pay is that most shareholders couldn't care less what the people at the top pay themselves. Big institutional investors don't want to drive down executive rewards because they are also executives who want to get rewarded.
Feminism means that gender equality should become the norm. It is a work of changing the mentalities now and here, the wrong habits of inequality in our world. I was born in Casablanca in Morocco and grew up in Paris; I was exposed to gender inequality early on in my life, and have always striven to fight openly against it.
Lloyds Banking Group's sale of more than 600 branches to the Co-operative Group has collapsed. Part-nationalised Lloyds, which is being forced by Euro...
The Archbishop of Canterbury has delivered a stark warning that Britain is in an economic depression and could take a generation to recover. The Rt...
I moved into the banking industry as soon as I graduated - it seemed the obvious thing to do when you are good with figures and have a head for business. But then I decided to give it all up on the search for something else, something bigger. I needed to answer all those questions that had been making their presence felt in my life and in my head for some time.
Despite using cocaine every night for the final three of my six years working in the City, I only once traded high - and, after an horrific eight hours getting increasingly jumpy and disconcerted, quickly learned never to do it again.
The former boss of HBOS has asked for his knighthood to be revoked because of the bank's scandalous collapse. Sir James Crosby, who was the Chief E...
Whatever your view of Margaret Thatcher and her legacy, she was a sure friend of gold. Long before she abolished exchange controls in 1979, she had barked against the Gold Coins Order of 1966 in Parliament, calling it "the final indignity" of the then-Labour government's economic mismanagement.
The politicization of banking reforms makes a mockery of the problem at hand. Regulators at all levels should have unchecked power to impose reforms as they see fit. When it comes to regulation, the Basel committee should not be making concessions to the private sector whatsoever.
This week South Africa hosts the fifth Brics summit, completing the first 'cycle' of summits that began in Yekaterinburg in 2008. Individually no-one disputes the group has flourished since then. Our respective economies have each grown apace in what have been very difficult circumstances.
A banking crisis on average is connected with a 6.4% short-term increase in cardiovascular disease mortality in high income countries, and for low-income countries, the estimated effect is roughly four times as large, with a banking crisis corresponding to a 26.0% increase in mortality.
