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Tag Archives: Bank
The former Chief Executive and Chairman of Anglo Irish Bank has appeared in court in Dublin charged in connection with financial irregularities at the bank. Seán FitzPatrick was charged with 16 offences under Section 60 of the Companies Act. Read … Continue reading
Al Jazeera Lax controls at Europe’s largest bank, HSBC, allowed Mexican drug cartels to launder billions of dollars through its US operations, an investigation by the US senate has found. The extensive report on London-based HSBC Holdings PLC by the … Continue reading
James Moore The Independent A former senior Barclays employee today exposes the “culture of fear” that operated at the bank and claims Bob Diamond would have been aware of his traders’ activities. Speaking exclusively to The Independent, the banker alleges … Continue reading
Al Jazeera In the wake of the bank rate-rigging scandal, Bob Diamond, Barclays chief executive, announced his resignation from the post with immediate effect, on Tuesday. In a statement, Diamond, who faced mounting calls to step down, said he made … Continue reading
Revenge of a fallen titan: Ousted Barclays boss makes damning claims Bank of England and Labour ministers were involved in rigging interest rates
James Chapman & Becky Barrow Daily Mail Bob Diamond last night implicated large parts of the Establishment in the rate-fixing scandal. In a spectacular act of revenge, the fallen financial titan turned on the Bank of England, Whitehall officials and … Continue reading
This Is Money Reporter This Is Money Former Labour Prime Minister Tony Blair could have earned as much as £80million since leaving office five years ago. An interview at the weekend suggests that last year alone he raked in £20million … Continue reading
Capital Account RT Welcome to Capital Account. When we talk about bank recapitalizations or rescue plans, what usually captures headlines are dollar or euro amounts, the names of various abbreviated, bailout vehicles — be they the EFSF or the ESM … Continue reading
Manuel Barcia Blogs Independent A few days ago the Head of the International Monetary Fund (IMF), Christine Lagarde, had the audacity to suggest that instead of resisting the neo-liberal austerity measures prescribed by her organization, in agreement with the EU … Continue reading