Banks
Banking sector on the up; but reputational damage will take longer to heal
From the corporate doldrums to a return to the good times; if Barclays’ latest set of financial results are anything to go by the UK’s ban...
Thatcher: Tax the bankers!
“I shall never forget the weeks leading up to the budget. Hardly a day seemed to go by without the financial scene deteriorating in some way. Th...
The fat lady ain’t singing yet
Lloyds' £13.5bn fundraiser is the UK's biggest ever rights issue but it won't be the last.
That finale has yet to be sung.
The fascination with ...
China banks spring the news to raise capital
China’s banks are preparing to raise tens of billions of dollars in additional capital to meet regulatory requirements following an unprecedente...
The bonus culture
Would it happen in any other sector? As Barclays reports profits and stays schtum on bonuses, the FSI seems set on fiddling with details while the fundamental commitment to bonus payment remains.
The Bottom Line:If Mr Cable has his way...
"If Mr Cable had his way, all the big banks would be broken up and bonuses would be virtually eliminated - a sure-fire way in my view of guaranteeing an end to the UK’s ability to compete as an international financial centre. Let’s not forget that this is a man who is on record as saying that everyone who works in a bank has an ‘aristocratic lifestyle’ clearly demonstrating his lack of understanding of the sector." A tough line on bankers’ bonuses could make a brain drain of financial talent a distinct possibility, warns Paul Marsden. Read more