News Source: Androscoggin News
| 3 months ago
Sir Fred and his family fled Britain more than four months ago after he became a virtual pariah, widely blamed for the near-collapse of the banking giant. But after his two children missed almost all last term, he and his wife Joyce now want them to...
News Source: The Scotsman
| 3 months ago
WAS it a good week or a bad week for Britain's banks?...As the country was getting ready to celebrate the end of the recession, up popped the country squire of Oxfordshire to tell us to put away the party hats and prepare for at least two more years...
News Source: The Independent
| 3 months ago
Royal Bank of Scotland's attempts to strengthen its equities business has been hit by the departure of Michael Baptista, one of the key architects of the overhauling of the division. In a note to staff, Royal Bank of Scotlan's global equities chief...
News Source: The Independent
| 3 months ago
Today is the second birthday of the credit crunch – and the second year has been even more troubled than the first. Bradford & Bingley's mortgages remained unnationalised. Lehman Brothers had yet to collapse and the US government had not taken...
News Source: Times Online
| 3 months ago
Today is the second anniversary of the start of the credit crunch. Adam Applegarth, the disgarced former chief executive of Northern Rock, memorably said August 9, 2007, was the day “when the world changed”...Next year we might look back on last...
News Source: Times Online
| 3 months ago
The bank is considering a partial withdrawal from the government’s asset protection scheme – a taxpayer-backed insurance policy designed to shelter banks from the worst losses on their bad loans. Eric Daniels, the chief executive of Lloyds, is...