Nationalisation: an act of mercy for RBS?

February 26, 2009

Royal Bank of Scotland’s controversial former Chief  Executive Fred Goodwin once memorably referred to the  consolidation of smaller British lenders as “mercy killings.”

Should banks sponsor sports stars?

February 16, 2009

A bit like asking turkeys to vote for Christmas, parliamentarian John Mann has called on the likes of tennis player Andy Murray, equestrian star Zara Phillips and motor racing great Sir Jackie Stewart to scrap their sponsorship contracts with the Royal Bank of Scotland.

The “shotgun wedding” of Lloyds and HBOS

February 16, 2009

“If you think you want to advance on this, we will deal with the competition issues” — so said Gordon Brown to Lloyds Chairman Sir Victor Blank last September, sweeping away the one big problem to a merger between Lloyds and HBOS.

Bankers offer act of contrition

February 10, 2009

In the Middle Ages the four ousted British bankers who brought the Royal Bank of Scotland and HBOS to the brink of collapse would have probably had to endure the public humiliation of sitting in the stocks. 

from Global Investing:

Careful what you say

January 27, 2009

Bank executives beware. Turn your microphones off during what are likely to be stormy shareholder meetings this year.

from Global Investing:

And the next Iceland is…

January 23, 2009

If there's one thing you don't want to be, it's the next Iceland.

Since its currency, colossally indebted banking sector and economy collapsed in spectacular fashion in October, the country has become a byword for an economy that has truly hit the rocks.

from MacroScope:

A path strewn with difficulties

January 19, 2009

An old Chinese proverb states that it is better to take many small steps in the right direction than make a giant leap and fall back. Judging by the number of bank lending initiatives announced over the past three months, British policymakers are taking this to heart.

Global problem or self-inflicted wound?

January 19, 2009

The government has unveiled a second package of measures aimed at getting the banks to start lending again and helping the economy off its knees.

Easing the pain for small businesses

January 14, 2009

The government has unveiled a plan to guarantee up to 20 billion pounds of loans to help small businesses survive the credit crunch.

Women in the boardroom

November 20, 2008

Women should be considered for new board positions in banks bailed out by the government, to counter the male dominance of senior directorships at the biggest companies, the Cranfield School of Management has recommended.