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Bad bankers are like shoplifters, says George Osborne

The Telegraph By Peter Spence & Tim Wallace It’s wrong that people who steal from shops are jailed, but bad bankers are not held to account Chancellor George Osborne (L), and Mark Carney at the Bank’s Open Forum Bankers who…

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Bank of England’s Carney: Markets ‘tainted’ by misconduct

BBC News 11 November 2015 Image copyright Reuters Image caption Mario Draghi, George Osborne and Mark Carney are attending a public forum on financial markets Bank of England governor Mark Carney says public faith in financial markets has been shaken…

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Does The City Need Anymore Rogue Traders?

The Times Alex Ralph Last updated at 12:01AM, November 9 2015 Rogue Trader Wants To Help Clean Up The City Nick Leeson has co-launched an education, advisory and investigation firm Niall Carson/PA He went down in history as the working…

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George Osborne will be burnt in ‘bonfire of the bankers’

The Times Harry Wilson, Simon English Published at 12:01AM, November 9 2015 Standard Chartered recently announced it was planning to cut 15,000 jobs globally   Yui Mok/PA Huge City job cuts to hit Treasury tax take hardThe Treasury faces losing…

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Iceland sentences 26 bankers to a combined 74 years in prison

US Uncut James Woods | October 21, 2015 Unlike the Department of Justice, Iceland is focusing on prosecuting the CEOs rather than low-level traders. In a move that would make many capitalists’ head explode if it ever happened here, Iceland just…

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“Cronies and cheating the taxpayer”: MP targets RBS bank tax avoiders in share sell off

Common Space Michael Gray 6th November 2015 1:09 pm Call to halt bank sale in favour of reform rejected by UK Government UK MINISTERS decided to “wash their hands” of a tax evasion scandal in a subsidiary of the government-owned Royal…

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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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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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RBS Doomed Claims Top Economist

Herald Scotland Reported by Ian Fraser Freelance correspondent Top economist claims Edinburgh will never recover from banking collapse fall-out EDINBURGH will never recover from the failure of its two largest banks at the height of the banking crisis in 2008,…

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‘Phantom phone call’ haunts mis-selling case

The Times James Hurley 4-11-2015 Bob Hamblin feels let down by the system after failing to win his case for redress Andrew Fox/The Times Company boss disputes Royal Bank of Scotland email evidence in his fight for compensationLike thousands of…

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