The prime minister's choice to run No.10 was Treasury official under Labour's Alistair Darling during 2008 banking crash.
It's no wonder public trust in our representatives is dwindling when so many take high profile, lucrative appointments, Maighna Nanu writes.
Germany's struggling Deutsche Bank says it will cut 18,000 jobs by 2022, in one of the biggest overhauls to an investment bank since the aftermath of the financial crisis. The dramatic restructuring is expected to cost the Frankfurt-headquartered bank over $8 billion.
This damages not just individuals but also wider society and even the banks themselves, with some bankers interviewed for the report acknowledging that a homogenous workforce can engender dangerous 'group think', which may have been one of the causes of the financial crisis.
Lavinia Davolio became an investment banking intern in London at the age of 21. Nine years later, she'd fought off stiff
To be honest, I never even really thought about my shirts. It's a shirt, it serves a purpose, which is to not show up at the office naked... If I liked the color and it fit, consider it bought... Of course it had to be comfortable too. But a pocket? Really?
The growing culture of overwork is becoming increasingly endemic and is not just a problem in the UK, USA or Australia. In several western countries patterns of overwork are emerging in both public and private sectors.
With My 3 Choices the client and the bank take charge of their destiny. With the sophistication of three service levels: My
5 year period scenario 3 year period scenario SPIROS MARGARIS - THE BRAVE STEP The Win-Win Fee Model is a new intuitive fee
Brussels is wrong to cap bankers' bonuses, just as it was wrong to propose a financial transactions tax a few months ago. Its thinking, however, is along the right lines; having failed to manage their businesses responsibly, bankers need to be kept on a tight leash.