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Iceland does what the US won’t: 26 top bankers sent to prison for role in financial crisis

‘Businessman lighting cigar with $100 dollar bill’ [Shutterstock] Reykjavík, Iceland – In stark contrast to the record low number of prosecutions of CEO’s and high-level financial executives in the U.S., Iceland has just sentenced 26 bankers to a combined 74…

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‘On the horizon’: UK on brink of ANOTHER catastrophic banking crash, warns insider

The Express  PUBLISHED: 12:02, Fri, Nov 6, 2015 | UPDATED: 16:43, Fri, Nov 6, 2015 BRITAIN’S banking industry has failed to learn a single lesson from the catastrophic crash that brought the economy to its knees, a senior industry figure…

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RBS Goodwin’s Ego Bigger Than The Ocean

Ian Fraser Author Of Shredded Classic over-reach as Goodwin boasted about RBS’s immensity The FactSheet compiled by Andrew Wilson in February 2006 pleased RBS chief executive Fred Goodwin as it put RBS’s financial success in context. But it was also incredibly…

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How Wall Street’s Bankers Stayed Out of Jail

The Atlantic William D Cohen September 2015 The probes into bank fraud leading up to the financial industry’s crash have been quietly closed. Is this justice? On May 27, in her first major prosecutorial act as the new U.S. attorney…

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UK Bank Fraudsters Lucky This Is Not America

Bill Moyers September 17, 2013 by Joshua Holland Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis This combination of Associated Press file photos shows, left, Patrick Kenny a Specialist of Lehman Brothers working his post…

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As You Were Boys, Business As Usual For Dysfunctional Bankers

BBC News 15 October 2015 From the section Business    Treasury waters down new rules on punishing bankers Image copyright Getty Images Bankers will not have to prove their innocence under new rules being proposed by the UK government. The…

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RBS urged by MP to settle case with bankrupt developer ahead of FCA report

Herald Scotland  Simon Bain / Saturday 10 October 2015 / Business EXCLUSIVE SIMON BAIN Pressure is mounting on Royal Bank of Scotland chief executive Ross McEwan to call off the bank’s seven-year legal battle against bankrupt developer Derek Carlyle following his…

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Legal Heavyweights ShenSmith Barristers In partnership with SBCB & SME Alliance

SBCB.ORG.UK 29-9-2015 ShenSmith Barristers, SBCB, SME Alliance all Join together in Fight for SME Victims of Bank Fraud to seek fair Redress. ShenSmith Barristers is a unique and remote business support service to barristers and chambers with unique beginnings where…

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Special Report – Why RBS may pay small firms it allegedly ruined

Reuters By Matt Scuffham Why RBS may pay small firms it allegedly ruined Wed, Sep 23 12:27 PM BST By Matt Scuffham LONDON (Reuters) – One morning in May, the chief executive of Royal Bank of Scotland, one of Britain’s…

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Will The UK Ever Have A Banking System It Can Be Proud Of ?

Rowan Bosworth-Davies Financial Crime Expert Consultant Sep 13,2015 The banking criminals exposed. Jesus College, Cambridge hosted, once more, the world’s leading Symposium on Economic Crime, and over 500 distinguished speakers and panellists drawn from the widest possible international fora, gathered…

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