Bank governance
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Where’s the evidence?
‘Let the jury consider their verdict,’ the King said, for about the twentieth time that day. ‘No, no!’ said the Queen. ‘Sentence first—verdict afterwards.’ (Alice’s Adventures in Wonderland). Politicians have often followed the Red Queen’s approach: policy first, evidence later.
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Commission misses chance to break up big banks
Four banks — Lloyds, RBS, Barclays and HSBC — have over 70% of the personal current accounts in the UK between them and over 80% of the current accounts of small businesses. This is not a new situation, it was identified 15 years ago in an official inquiry.
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Bank of England non-execs – you can’t even use them to wash your socks
According to the television executive Michael Grade non-executive directors are like bidets – no-one is sure what exactly they are for, but they add a touch of class.
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A golden opportunity to reform the Scottish banking market
Whatever the referendum result on September 18, the Scottish banking system needs reforming and the Scottish Government has a golden opportunity to try to do something about it.
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The John Lewis of banking? TSB says Yes
Can the TSB claim to be the John Lewis of Banking? Following my blog post last week questioning that claim, here is the detailed response from Anthony Hus, Media Relations (Corporate) Manager at the TSB. I read with interest your recent blog titled “The ‘John Lewis’ of banking? Not with this level of bonus”…
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The “John Lewis” of banking? Not with this level of bonus
It’s a measure of how inured we have become to the excesses of bankers, and how numbed by high numbers, that when TSB announced its pay policy recently a limit on the maximum pay of its chief executive to £1.65 million — 65 times the average salary of its ordinary staff — could be presented…