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Bear Stearns proves bank CEOs don't have a clue about credit crunch crisis

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Trading risks now under control? Don’t bank on it...

21.07.09
IT was a somewhat louche lunch that showed signs of deteriorating. In between being mocked for my bonusless life and various other things that are wrong with me, I asked the two City traders this: Do you understand what the guy sitting next to you does all day? ... more

It may hurt, but oil price is now about right for us all

02.06.09
SOME would have it that the recent rise in the oil price is evidence of optimism - a sign that the global economy is getting stronger and that the prospects of recession turning into depression have dimmed.... more

BoA hands ex-Merrill chief Thain a top role

03.10.08
Banking: Bank of America has made John Thain - who as Merrill Lynch chief engineered the firm's sale - head of investment banking, securities and wealth management at the new company... more

Pity poor Hank, dumbing down with George

29.09.08
What must it be like being Hank Paulson? One minute you’re the head of Goldman Sachs, surrounded by some of the smartest people on the planet, and the next...you’re trying to explain the economic crisis to George Bush... more

Top pair at Merrill Lynch could pick up £26 million

16.09.08
Banking: Merrill Lynch chief executive John Thain and his head of trading could pocket $47 million (£26.1 million) if they leave the bank, or take lesser roles under Bank of America ownership... more

This bust will hurt - but we will feel better for it

15.09.08
The collapse of US investment bank lehman Brothers has sparked panic in the markets. But it is a necessary correction after years of reckless excess in the financial world... more

Cheer for investors in AIG as chief goes

16.06.08
Shareholders in insurance giant welcomed the ousting of Martin Sullivan after two quarters of record losses... more

Credit crunch won't halt City bonus culture

24.04.08
When it comes to bonuses, size will always matter... more

Bear Stearns proves bank CEOs don't have a clue about credit crunch crisis

27.03.08
Across Wall Street, CEOs don't know what their firms are doing... more

Sorry, Sir, there's a moral here for banks

25.03.08
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

Sorry, Sir, there's a moral here for banks

25.03.08
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

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