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Global banks must raise €1.1tn in special debt by 2022

FT Thomas Hale in Basel, Caroline Binham and Laura Noonan in Londo ©PA Mark Carney The biggest international banks must raise as much as €1.1tn by 2022 in special debt designed to prevent taxpayer bailouts of lenders, a global group…

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Government Flying Blind On Banking

Sunday 8th November By Ian Fraser Steve Baker: The government is flying blind on banking 8th November, 2015 In a stark warning to the government, the MP Steve Baker has said we’re flying blind where RBS and the wider banking system…

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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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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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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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RBS To Waste More Tax-Payers Money Twisting The Knife

Daily Record 10:00, 19 Oct 2015 By Alastair McNeill   Hamilton businessman’s gruelling seven-year battle with RBS continues Derek Carlyle pictured outside the Motherwell RBS branch were it all began A bankrupt Hamilton businessman’s costly seven-year battle with RBS looks…

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Luyendijk: Don’t Blame the Bankers, It’s the System That Must Change

The Huffington Post Ian Fraser Posted: 19/10/2015 14:46 BST Updated: 19/10/2015 14:59 BST When trying to interview bankers and other City of London insiders for his Guardian banking blog three years ago – material which later formed the basis of…

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Trader regarded as the ‘Libor Bitch’

US government reveals ‘damning’ evidence in Libor scandal New York Post By Kevin Dugan October 19, 2015 | 9:37pm Former Rabobank employee Anthony Allen Photo: Reuters   This “Libor bitch” could get leashed. The US government unveiled its most damning…

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