Category: Bank Crime


SFO rejects claim that it ignored tip-offs

The SFO recently asked the Treasury for £21 million to continue its current investigations Harry Wilson City Editor Published at 12:01AM, February 8 2016 A row has erupted between the Serious Fraud Office and one of London’s leading law firms…

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Former RBS chiefs now control half the ‘challenger banks’ earmarked to reform Britain’s finance industry

Exclusive: Market figures say former RBS coterie carry disproportionate weight in sector’s dealings with the Government James Moore Associate Business Editor @TheIndyBusiness Friday 5 February 2016 “We don’t need smaller versions of the same toxic banking culture, which refuses to act in the interests…

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£12BILLION… The slump in profits from the taxpayer bailout of the banks in just seven months

By Alex Hawkes Financial Mail On Sunday PUBLISHED: 21:56, 6 February 2016 | UPDATED: 13:34, 7 February 2016 Grim: George Osborne claimed in June that the Treasury’s original stakes in RBS, Lloyds, Northern Rock and others would yield a £14…

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Banker who won £3.2m following employment tribunal sues former colleagues for libel

The Telegraph By Agency 11:17AM GMT 26 Jan 2016 Banker who won a £3.2 million payout after suffering a mental breakdown is now suing two of her male former colleagues for libel A banker who won a £3.2 million payout after suffering…

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Jail Crooked ‘Fat Cat’ Bankers Don’t Reward Them!

Campaign created by Scott Simpson 10-1-2016 TO: GEORGE OSBORNE Restart the Financial Conduct Authority Investigation into Banking Culture Why is this important? We The TAXPAYERS Need to Change UK Banking Culture and STOP Product Mis-selling, Dodgy Loans, LIBOR Rigging and Huge…

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Corporate FatCat’s Beware

Evening Standard Martin Bentham Wednesday 6 January 2016 Fraud chief calls for tougher corporate prosecution laws Reforms: Serious Fraud Office chief David Green says large businesses with a culture of criminality are “not being brought to justice” Prosecutors should have US-style…

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Bank CEO sentenced to jail following £2.4m fraud

http://www.executive-grapevine.com/ Published: Mon, 7 Dec 2015 11:22am GMT A bank CEO has become one of the first business leaders to face jail-time for her actions during the financial crisis. Poppi Metaxas is the former CEO of Gateway Bank in California….

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The Mother Of All Bailout’s

The One Bank, Revisited – Jeff Nielson http://www.sprottmoney.com Approximately two years ago; a commentary was published entitled “The One Bank”. The empirical foundation for the article (and the paradigm) was an extensive computer model, produced by a trio of academics…

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Prosecutors after JP Morgan and RBS executives

http://www.executive-grapevine.com/ Published: Wed, 18 Nov 2015 10:48am GMT Prosecutors are pursuing criminal charges against executives from the Royal Bank of Scotland (RBS) and JP Morgan for alleged illegal activities. Police are currently investigating the company’s role in selling supposedly flawed…

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Osborne Saved Banks From The Dogs, But He Cant Stop The SME’s Seeking Justice

Banking culture inquiry scrapped by regulator FCA as “Osborne pulls dogs off the banks” The Independent Hazel Sheffield Thursday 31 December 2015 Labour MP John Mann told the Independent that the decision directly relates to the sacking of Martin Wheatley, former…

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