City Comment: Only a non-executive director can handle the risk function in a way which will not split the board but is still able to provide an acceptable degree of challenge... more
Amazing how Pru chief Tidjane Thiam thought that being a non-executive director at Société Générale would only take up a day a month of his time... more
A top executive at Royal Bank of Scotland risked outrage and ridicule today after claiming it would be unfair to force banks to publish the salaries of their best-paid staff... more
Gordon Brown's independent adviser on the City today rejected Harriet Harman's claim that the financial crisis would not have happened if women had been in charge of banks.... more
The report by Sir David Walker in which he put forward a range of ideas to improve the governance of banks and the involvement of shareholders has had one unforeseen effect ... more
Sir David Walker last week unveiled proposals to encourage shareholders to take more interest in their investments in the hope that their greater involvement would prevent a recurrence of the boardroom failures that contributed to the banking debacle
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In the City, bragging rights extend to pretty much anything: the value - and number - of your homes, the cc of your Ferrari, the regularity of your dining at Michelin-starred restaurants... more
Gordon Brown said: “He makes some very clear recommendations which I believe will be adopted. There have been excesses, it is seen by the public as irresponsible and unfair, we have got to take the action.”
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Hundreds of bankers and City traders will have to make their earnings and bonuses public to stamp down on excessive pay packages, under new plans revealed today ... more
City grandee Sir David Walker called for a dramatic “culture change” at the top of UK banks to prevent a repeat of the financial hurricane that plunged the economy into recession
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Full details of the pay and bonuses of thousands of high-earning bankers will be made public under radical plans to create more transparency in the pay City deal-makers and traders... more
The Government's ambitious plans for a green energy supply would have been necessary even without its legally binding target to cut greenhouse gas emissions by a third by 2020... more
It was only this week that I realised how fraught is the world of corporate governance following the debacle of the banks and the subsequent suggestions that shareholders should in future do more to rein back management whose strategies seemed to embody excessive risk ... more
The Treasury struggled to combat claims that it was “dithering” over City bonuses as ministers unveiled a year-long review into bankers’ pay and perks... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Tonight:
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