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Bad Credit Mortgage Re Scotland
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Bad Credit Mortgage Re Scotland News
Deborah Hargreaves
The appointment of the risktaker par excellence Bob Diamond at Barclays throws down the gauntlet over banking reform If anyone had any remaining doubts about the resurgence of the City's wheeler dealers, today's appointment of Bob Diamond to lead Barclays should remove them. As another banker – HSBC's Stephen Green – prepares to join the government as trade minister, Barclays has elevated its ...
Read more...Barclays' appointment of Bob Diamond stirs call for banks break-up
Promotion of investment arm's supremo to chief executive suggests sector is ignoring government pressure to reform The business secretary, Vince Cable, today expressed concern that Bob Diamond's appointment as chief executive of Barclays showed the banking sector was not taking the threat of break-up seriously. Cable is overseeing an independent commission considering whether high street banks ...
Read more...Banks' self-dealing super-charged financial crisis
Faced with increasing difficulty in selling the mortgage-backed securities that had been among their most lucrative products, the banks hit on a solution that preserved their quarterly earnings and huge bonuses.
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