Category Archives: Banking Reform

What is really happening in the UK economy? What do today’s employment numbers tell us?

The UK economy is something of an enigma at the moment as diferent measures of it appear to be giving us different signals. By the conventional route of just looking at Gross Domestic Product numbers she is firmly in recession … Read More

Posted in Banking Reform, GDP, General Economics, Quantitative Easing and Extraordinary Monetary Measures, Stagflation, UK Inflation Prospects and Issues | 13 Comments

Deconstructing bankers’ complaints

With Standard Chartered, one of the few major banking names to emerge with its reputation unscathed from the 2008 crash and the LIBOR debacle, now looking as besmirched as the rest, this is not a good moment for bankers to … Read More

Posted in Banking Reform, Barclays Scandal, Regulation, Trust | Leave a comment

Unless bankers face consequences of their actions, the Augean stables will not be cleaned out

Out-of-court settlements, such as the one involving Standard Chartered announced yesterday, do little to alter bankers’ behavior or to put the global financial system on sounder footing — and may even promote financial crime. On Tuesday, Benjamin Lawsky, superintendent of … Read More

Posted in Banking Reform, Regulation, Share Price, Trust | Leave a comment

The dangers of over regulation in the insurance sector are mounting

With the LIBOR rigging scandal still very fresh in everyone’s mind now is not a good time for anyone to point out that there is a real and growing danger in the current massive political appetite for re-regulation of all … Read More

Posted in Banking Reform, Barclays Scandal, Financial crisis, Regulation | Leave a comment

The dance of the behemoth banks

Watch out A significant number of the wizards who put together the giant banks now “too big to fail” are having second thoughts.  “Sandy” Weill, the key player in setting up Citigroup, for example, recently proposed on CNBC, “we should … Read More

Posted in Banking Reform, Financial crisis | Leave a comment

Royal Bank of Scotland should be nationalised but at no cost to the UK taxpayer

Today is the climax of what is central bank week with the Bank of England and European Central Bank (ECB) announcing their deliberations. The ECB news will come in two stages as it makes its interest-rate announcement at 12:45pm UK time … Read More

Posted in Banking Reform, Banks, Financial crisis, General Economics, Quantitative Easing and Extraordinary Monetary Measures, UK Inflation Prospects and Issues | 18 Comments

Do banks really want customers?

Or would they rather just make money by themselves? We used to take banks for granted as places to store our money, and sometimes we borrowed money from them as well.  But recently it has looked like banks were getting … Read More

Posted in Banking Reform, Psychology | Leave a comment

Kay Sera Sera?

The Kay Review was always going to be a bit of a muddle, ranging as it does across broad, tangled and inter-connected parts of a hard to fathom value chain with many actors. Alternatively vague and technocratic, it seizes on … Read More

Posted in Banking Reform | Leave a comment

Our average expectable corruption: How cynical have we become?

Americans seem to take for granted the almost daily revelations of corruption in the financial industry.  It’s news, of course, when the manipulation of interbank interest rates is reported or a senior executive is convicted of insider trading.  But it … Read More

Posted in Banking Reform, Barclays Scandal | Leave a comment

Barclays: time for ethics not regulation

Perhaps the most dispiriting aspect of the whole Barclays debacle is the absence of sensible debate by our political masters. Rather like two bald men fighting over a comb, the parties trade predictable insults over who’s to blame for presumed … Read More

Posted in Banking Reform, Barclays Scandal | Leave a comment
Page 4 of 1112345678910...Last »