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Jon Snow
There’s nothing like a quick visit to America to remind you of the interesting contrasts between our two nations – divided as they are by a common tongue. In the United States President Obama tells bankers to show responsibility and forego bonuses because “there are people who are a lot less well off, who are…
Jon Snow
The former boss of HBOS tells MPs incompetence was as much to blame as the financial crisis for the collapse of his bank and admits he is deeply sorry. But he keeps his knighthood.
Taxpayer-owned RBS lost £1.5bn in the first half of the year after an IT meltdown and setting aside funds to compensate customers mis-sold financial products. It now faces fines for Libor rigging.
James Murdoch appears before the Leveson Inquiry today, ahead of his father Rupert who will give evidence for two days on Wednesday and Thursday. Murdoch Jnr is due up before the Inquiry between 10am and 4.30pm. We’ll be live blogging all the action here and you can have your say on the day’s events as they unfold in the box below.
Jon Snow
I had dinner last night with a private equity guy who is still in the money. Interesting entity. He tipped me to something I had not thought about.