Search results for ‘world bank’

1,404 items found

  • 19 Jul 2012

    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.

  • 17 Jul 2012

    Sir Mervyn King rejects suggestions that pressure was put on banks to misreport their lending rates, but admits pushing for Bob Diamond’s resignation as Barclays chief executive.

  • 13 Jul 2012

    Many carrots but no stick for British banking

    If Sir Mervyn King can arrange for Bob Diamond’s demise at Barclays, even though he was cleared of personal wrongdoing over Libor, why not exercise a little more coercive power over banks lending money into the real economy?

  • 13 Jul 2012

    The US pressed the Bank of England to improve the Libor system before Lehman Bros collapsed in 2008 amid reports that Barclays and other global banks were rate rigging, newly released e-mails show.

  • 10 Jul 2012

    The human cost of banking misbehaviour

    Alan and Margaret thought they were the only people in the world to fall for a financial product misold to them by a bank. It wasn’t until they met hundreds of other victims on-line that their lives began to recover hope. Jon Snow reports on the campaign against mis-selling in tonight’s Dispatches.

  • 9 Jul 2012

    As Bank of England Deputy Governor Paul Tucker appears in front of MPs, the bank releases emails that shed more light on the Barclays rate-fixing scandal.

  • 3 Jul 2012

    Diamond not forever as UK banking changes for good

    We have entered a new world. Politicians now appear sovereign over our banking system. Many in Britain will welcome that. For many, it will be a profound shock. And this is just the beginning, writes Faisal Islam.

  • 28 Jun 2012

    “The BBA professed to be “shocked” at the report into wrongdoing at Barclays today, but the long history of its involvement in this scandal makes that difficult to believe.”

  • 27 Jun 2012

    Barclays is to pay £290m in fines for attempting to manipulate inter-bank lending rates for its own gain as its chief executive agrees to give up his bonus.

  • 22 Jun 2012

    Fears rise of increased borrowings costs after Moody’s downgrades 15 financial institutions including Royal Bank of Scotland, Barclays and HSBC.

  • 19 Jun 2012

    World leaders at the G20 meeting in Mexico are queuing up to tell the eurozone its problems are beginning to hurt them. But are their problems home-grown?

  • 9 Jun 2012

    Spain will ask for an estimated 40-100bn euros from Europe to keep its banks operating – but it may not know the extent of the crisis until mid June when two audits are completed.

  • 9 Jun 2012

    Spain is expected to ask Europe today for money to recapitalise its banks. But one credit ratings agency says the country will need significantly more than the IMF’s estimated 40bn euros.

  • 4 Apr 2012

    The government’s big society bank launched today. But its chairman has told Channel 4 News that all the good it might do could be outweighed by budget proposals to cap tax relief for philanthropists.

  • 8 Mar 2012

    Banks are “imperilling” Britain’s economic recovery by trapping thousands of firms in a “valley of death”, says Business Secretary Vince Cable.