As is usual, Goldman Sachs boss Lloyd Blankfein does not field questions at the quarterly results, leaving those duties to chief financial officer David Viniar... more
City Comment: If I were Tory Shadow Chancellor George Osborne, I would develop a passion for technology, the prison system, healthcare — even transport — anything in fact rather than economics and finance... more
Finance: Citigroup and Morgan Stanley are set to announce a deal to combine their brokerages, a move that could trigger a fresh wave of consolidation in the troubled and thinning banking industry
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Forget the Bullingdon Club. Forget too, these troubled times. Eton College has started its own club for those keen to get on, credit crunch or not: The Stockbroking Society... more
Sir Peter Burt, one of Britain's most respected bankers in the period when he ran Bank of Scotland until it merged with Halifax seven years ago, has come out with an interesting take on moral hazard... more
How can the banks that did avoid the pitfalls reap the benefits of their good judgment if all the others are saved from the consequences of their mistakes?... more
What a strange world we live in when every twist and turn in the sale of a minor former building society in Newcastle commands the attention of politicians, bankers and the media, but elsewhere a proposal that will create a monopolistic giant bigger than BP or Shell sails serenely forward with almost no one paying attention... 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
Morning:
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