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Auditors face the biggest crackdown since Enron

05.11.09

The Big Four accountancy firms have been told to back off from serious conflicts of interest in pursuing lucrative advisory work at their audit clients ... more

Harriet Harman disturbs the Pease

21.10.09

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Forget big bonuses - we need to stop the City gravy train

16.10.09

A friend of mine who is something of an internet guru once pitched for a job to revamp a well-known company's website. Later, the managing director sought me out. "Your pal was superb." Then he frowned. "But we can't hire him"... more

MPs call for retail banks to split from ‘casinos’

13.10.09

Leading MPs called on the Government to force investment banks to be split from retail banks in its forthcoming legislation on banking regulation ... more

City Spy: Carter's quick to grab private desk

24.07.09

So the Treasury Select Committee is to launch an investigation into unequal opportunities and sexism in the City? That will be an investigation then by a committee of MPs made up of just one woman and 13 white blokes... more

Bank chief: Worst house price falls over

02.07.09

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Who are MPs to call others naive? They haven't a clue

18.05.09

Please sir, in my next life can I be John McFall or, failing that, a member of his Treasury Select Committee? The reason I ask is that it must be great fun to sit in judgment on others, to not have a clue how their industry works or where they're coming from, and then to slag them off... ... more

Don't be too harsh on us, say bankers

15.05.09

Bankers hit back at criticism from the Treasury Select Committee, claiming that new regulations on pay could damage the wider economy ... more

Tullett gets a boost from weak pound

14.05.09

Broking house Tullett Prebon reported a 10% rise in revenues as it faced shareholders over the Ł4.5 million bonus paid to chief executive Terry Smith ... more

Bonus storm hits top Tory foe of fat cats

12.05.09

Michael Fallon, the senior Conservative on the Treasury Select Committee, was facing a backlash after approving a multi-million-pound bonus to a top City executive... more

Labour MPs rubbish Darling’s ‘optimistic’ recovery forecasts

06.05.09

Alistair Darling’s confident forecast of a return to economic growth next year was blasted as “optimistic” in a cross-party report... more

The case for bringing the banking big shots to heel

01.05.09

People who say the Treasury Select Committee report into the banking crisis tells us little we did not already know rather miss the point ... more

Goldman faces a double grilling on Rock rescue role

20.03.09

Goldman Sachs faces two Parliamentary inquiries into its role as Government adviser during the nationalisation of Northern Rock... more

Myners goes for broker in clash with MP

19.03.09

Lord Myners' appearance before the Treasury Select Committee this week saw harsh words directed at the City minister by Tory MP Michael Fallon... more

MPs must find new targets for their pot-shots

18.03.09

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Shareholders must raise their game to stop the rot

13.03.09

After two years in which the market value of the banking sector as measured by the FTSE 100 index has gone from Ł325 billion to Ł35 billion, it is surprising how rarely people ask what the institutional shareholders were doing when the bank managements were setting off down the path to destruction... more

Top shareholders can and should do more to stop reckless bosses

13.02.09

Analysis: The blame game over the banking crisis is in overdrive with the former heads of Royal Bank of Scotland and HBOS in the dock this week... more

Treasury Select Committee MPs don't have a clue

12.02.09

The bankers have been given quite a kicking for their role in the financial crisis this week. But something else became all too clear in Westminster: almost no one on the Treasury Select Committee has a clue what they are doing. ... more

They were still in denial, all the way to the precipice

12.02.09

Revenge, as everyone knows, is a dish best served cold, and Paul Moore must be feeling satisfied today. It's nearly four years since he was sacked by Sir James Crosby and for much of that time his claims, that he had been pushed out because of his warnings about the risks that HBOS was running, were ignored. Even last year, as the banks were sliding into the mire, his protests on the BBC did not gain much traction.... more

Darling's 'duty to repay councils'

03.02.09

Chancellor Alistair Darling fuelled the run on Iceland's banks and has a "moral" obligation to help repay the Ł1billlion lost by British councils as a result, MPs were told... more

Rule-breaking is out of order

02.02.09

Peter Chambers, who as head of the investment arm of Legal & General is one of the most influential shareholders in the country, told the Treasury Select Committee last week how difficult it was to get boards and chief executives of companies to listen to the concerns of shareholders and act upon them... more