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Peter Cummings

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RBS's Nathan Bostock to troubleshoot for Lloyds

19.07.11
Here comes the first major poaching by one state-backed bank from another since Lloyds and Royal Bank of Scotland were bailed out three years ago... more

Nothing in this bank report can stop a new crash

11.04.11
The Vickers Commission is making banks squeal but has still failed to tackle the idea that they are 'too big to fail'... more

City Spy: LSE still cagy on computer crash

13.01.11
The London Stock Exchange has “now concluded” its investigation into a major and embarrassing outage last November, at the time rumoured to be sabotage, that saw the stock market suspended... more

Lloyds Banking Group pays £20m for deal errors

04.01.11
Lloyds Banking Group is likely to take a hit of at least £20 million on the £23.3 million sale of a Birmingham business park... more

Banks have been reckless so now they need to be patient

14.10.10
By one of those strange coincidences, our two taxpayer-bailed-out banks appeared in the High Court on the same day this week... more

Blunders at HBOS cost Lloyds £11bn

05.08.09
The shocking state of the HBOS finances was laid bare as its new owner Lloyds Banking Group racked up losses of nearly £4 billion after £13.4 billion of loans turned sour... more

Why can't big shareholders join Goodwin in the stocks?

09.03.09
Sir Fred Goodwin, a friend of the ex-Royal Bank of Scotland chief said to me at the end of last week, is keeping his head down, thinking about what to do with the rest of his life... more

Devil is in the detail at stricken lender

27.02.09
Analysis: The row between Lloyds Banking Group and the Treasury over how much the bank must pay to insure some £250 billion of toxic debts certainly put the City on edge. But equally concerning was the detail behind the losses... more

Scuba-diving 'banker to the stars' who took HBOS in too deep

18.02.09
Profile: Peter Cummings' ambitious strategy made billions by riding the UK property boom, but now he is being blamed as the bank faces huge losses... more

The high street's safest bank failed to do its sums

16.02.09
For decades Lloyds TSB was the dullest bank in the high street, and the City loved that conservatism and restraint... more

HBOS £11 billion in the red after a year of disaster

13.02.09
Banking: The full extent of the crisis at HBOS was laid bare when Lloyds Banking Group admitted that the Halifax owner lost about £11 billion last year... more

Let's be honest, Brown is just as much to blame for this disaster

12.02.09
As a barrage of criticism forces banking watchdog Sir James Crosby to resign, the Evening Standard's City Editor reveals how even the Government encouraged the money-men to carry on unabated ... more

Bank chiefs told: Hand back your £143m in bonuses

21.01.09
Pressure is growing on Britain's high street bank chiefs to hand back tens of millions of pounds of bonuses paid out as a reward for their "success"... more

As banks unveil yet more losses, the fear is worst may not be over

16.01.09
Analysis: These are anxious times for the team recruited to Government by Gordon Brown to, in his own words, “save the banks”... more

HSBC did well – by ignoring City’s rules

15.12.08
Which of our High Street banks has for the most part ridden out the financial crisis? Yep, HSBC, the bank that rode roughshod all over corporate governance rules by successively appointing their chief executives to be chairman... more

Demand for a block on HBOS's 'rewards for failure'

31.10.08
Troubled bank HBOS under pressure to block "rewards for failure" to departing directors worth £2.7 million... more

Dangers of betting the whole bank on property

19.09.08
Peter Bill considers the effect of the turmoil in the financial markets on the property... more

Comment: Drop Dibley - City must get in tune with the times

23.06.08
Some years ago, I went to a Buckingham Palace garden party. As Prince Charles crossed a lawn to take tea with his mother in a marquee roped off from the guests, the watching throng applauded. Why are they clapping? I wondered at the time... more


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