07/08/2012
All our banksters do, they do for you
By liberating vast sums of money that would otherwise lie fallow in banks or under old ladies' mattresses, they increase demand and help kickstart the recovery.
07/08/2012
By liberating vast sums of money that would otherwise lie fallow in banks or under old ladies' mattresses, they increase demand and help kickstart the recovery.
07/05/2012
London risks losing its status as the world’s top financial center as the $360 trillion interest-rate fixing probe follows a series of market abuses by banks that eroded trust in a city already shrinking faster than rivals.
07/04/2012
We welcome any activity which ensures that the fair and proper amounts of tax are paid.
07/04/2012
Banking has to change – bankers have to serve their customers not themselves and be paid differently
07/04/2012
I understand that the bombshell quotes about Bob Diamond read out by Andrew Tyrie this afternoon came from part of Barclay’s highly secret FSA “Arrow” assessment.
07/03/2012
According to investment banking giant Goldman Sachs, the BRICs will grow to become four of the six largest world economies over the next 38 years.
07/03/2012
All the talk of the 1 percent and the 99 around Independence Hall got us wondering.
07/03/2012
"It was all about the money, not the client."
07/03/2012
It will be interesting to see whether Barclays Bank publishes details of Mr Diamond’s termination package, of which all but £30,000 seems likely to be taxable at 50%.
07/02/2012
Hopes and fears about the future of the eurozone continue to dominate investor sentiment and drive large swings in markets. While the sense of crisis may ease following the EU summit at the end of June, there are still lots of details to be worked through
07/01/2012
Speaking to The Sunday Telegraph, Martin Wheatley, head of financial conduct at the Financial Services Authority (FSA), said Britain has been left with a “big problem” as a result of what he described as the “back book legacy” of t
07/01/2012
It is a tax on wealth generation and an enemy of honest endeavour – the beast that is devouring British capitalism.
07/01/2012
The situation is still precarious. Any excessive disappointment could send us into a new cycle of stress, which is the main driver of negotiations in Europe. The psychological battle between countries is feeding the rumour mill and heightening market vola
07/01/2012
Well what else can we say that has not already been said and written about the bursting LIBOR scandal?
06/28/2012
The brokerage cut its price target on BofA to $8 from $9, on Goldman Sachs to $110 from $145, on JP Morgan Chase & Co to $43 from $45, and on Morgan Stanley to $16 from $20.
06/28/2012
Following are BofA Merrill Lynch Global Research’s Global and U.S. Economic mid-year outlook reports.
06/28/2012
The recent Times series on tax avoidance has triggered a huge spike in coverage of the tax affairs of the rich and famous.
06/28/2012
Barclays has not been the best call that this column has made.
06/27/2012
Faced with higher taxes, some people are tempted to become non-resident.
06/27/2012
The American-born Barclays chief executive was once described by Lord Mandelson as the "unacceptable face of banking" over disputed claims that he had been paid £63 million.