155 items found

• 26 Jul 2012

  

  Can one business showcase bring in £1bn to UK plc?

  As UK politicians wine and dine a gold-plated guest list from the world of business at a pre-Olympic trade summit, Channel 4 News asks how likely it is to boost the British economy by £1bn.

• 20 Jul 2012

  

  Who would be a banker these days?

  Computer chaos at RBS, rate fixing at Barclays, HSBC used for money laundering. Banking has never been more criticised. So why do the job? Channel 4 News asks those with experience of the industry.

• 19 Jul 2012

  Jon Snow

  Banks, drugs, Mexico and jobs at the top

  So Paul Moore, formerly responsible for compliance at HBOS and who was sacked after warning in 2004 that the bank’s lending was risky and in serious danger of-heating, has applied to be the Chairman of Barclays. Mr. Moore, whom I met and talked with extensively last week, is unlikely to be hanging around his phone in the expectation of a Barclays call. Although, I have met no one who knows quite so much about where the more noxious of the banking bodies are buried.

• 19 Jul 2012

  

  Banking: Five banks blazing the ethical trail

  The Co-op is riding the ethical banking wave by taking over 632 Lloyds banking group branches. But what makes a bank ethical, and what else is on offer in the UK? Channel 4 News investigates.

• 18 Jul 2012

  Michael Crick

  Questions mount for trade minister Lord Green

  The Trade Minister Lord (Stephen) Green was today refusing to answer questions about what he knew about the large-scale money laundering at HSBC exposed yesterday by the US Senate Investigations Committee in a damning report.

• 17 Jul 2012

  Faisal Islam

  As London tries to shine, the City is under global regulatory attack

  There were various disgraces in the way the banks treated consumer and businesses with contempt over purchase insurance and interest rate swaps. But the Libor scandal seemed to be a quite incredible.

• 9 Jul 2012

  Faisal Islam

  How close was Barclays to the abyss in 2008?

  Today’s cache of Paul tucker emails released by the Bank of England puts the Libor scandal in a rather different context. The big picture here: the post-07 Libor “scandal” is the tree. The concerning financial health of Barclays Bank in October 2998 is the woods. The now Deputy Governor of the Bank of England is shown to be exchanging emails about Barclays’ financial position from a full week before the famous conversation that some have depicted as a Labour plot to illegally to manipulate Libor.

• 9 Jul 2012

  Jon Snow

  Libor rate-fixing: a scandal growing by the day

  MPs on the Treasury Select Committee have a chance this afternoon to do a little to remedy their own disparate efforts to question Barclays’ Bob Diamond. Diamond walked all over them.

• 3 Jul 2012

  

  Is it time to switch to an ethical bank account?

  As applications to ethical banking rise following a bad week for the big five banks, Channel 4 News looks at the alternatives to high street banking.

• 2 Jul 2012

  

  Cameron announces Libor parliamentary inquiry

  Prime Minister David Cameron reveals a full parliamentary committee of inquiry, chaired by Treasury select committee chairman Andrew Tyrie, will be set up in the wake of the Libor scandal.

• 30 Jun 2012

  

  Bank rate review after Barclays scandal

  Ministers order an urgent review of the Libor bank rate after it emerged Barclays had tried to manipulate it. But Labour’s Ed Miliband calls for a full-scale independent inquiry into banking culture.

• 29 Jun 2012

  

  Banks admit to more mis-selling

  Barclays, HSBC, Lloyds and Royal Bank of Scotland agree to compensate thousands of business customers after the Financial Services Authority finds they mis-sold specialist insurance on loans.

• 29 Jun 2012

  

  Bank of England governor criticises banking culture

  As the Governor of the Bank of England launches a scathing attack on banks, Bob Diamond, the embattled chief executive of Barclays Bank, says he will not resign.

• 28 Jun 2012

  

  Review of criminal powers in wake of Barclays scandal

  As the value of bank shares fall sharply in the wake of the Barclay’s banking rates scandal, the government is exploring ways to toughen up the criminal system and Bob Diamond breaks his silence.

• 27 Jun 2012

  

  RBS warned of IT outsourcing risk in 2010

  An ex-employee of RBS warned 18 months ago that outsourcing the company’s computer systems to India would create “enormous risk” at the state-funded bank, Channel 4 News learns.