London-based businessman Bill Browder has vowed to avenge the death of the lawyer who helped him uncover a '$230 million tax fraud' — wherever it leads... more
New York mayor is expected to be elected to his third term next month. His success lies in his refusal to conform to any political template — and his understanding that city life is dependent on the details... more
John Meriwether starred in two of the best books ever written about the financial world: Michael Lewis' Liar's Poker and Roger Lowenstein's When Genius Failed... more
Liberal Democrat peer Lord Oakeshott says he was “staggered” to find out Slaughter and May cost the Treasury £22 million last year for legal advice on the credit crunch... more
ICELANDIC tremors among the power-hungry politicos at Barnet council, which, as readers of City Spy will recall, managed to blow a stonking £28 million of taxpayers’ money in Glitnir and Landsbanki.... more
For years they were the 'masters of the universe' - the City traders whose bonuses totalled billions. Now, as the credit crunch bites, one of their own admits they didn't deserve all that cash... more
Two banks nationalised, one bust, others taken over, thousands of jobs likely to be lost, the FTSE 100 through the floor, the effects likely to spill over into the rest of the economy — and still I'm not sure if we really get it... more
People sometimes ask whether the City today is a more honest place than it was 20 years ago. The answer is probably no, but the nature of the lapses has changed... more
One is America’s richest man who still lives in the house he bought for $31,000 in 1958. The other is an investment chief who started selling clothes as a teenager. Here, we tell the story of the deal they’ve done to safeguard Goldman Sachs... more
Finance: Staff anger over the failure of Lehman Brothers will be fuelled today by revelations that chief executive Dick Fuld rejected a $5.3 billion fund injection by a Korean bank... more
Asian hotshot Naguib Kheraj's arrival at blue-blooded brokers Cazenove signals more than a break with tradition - it could be crucial as the Queen's bankers face an uncertain future
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