Business Diary: FSA boss forced to see the light

The Financial Services Authority is getting better at cracking down on white-collar crime, but its annual general meeting yesterday was an opportunity for people to turn the tables and ask it some searching questions for once. And whoever rigged the lighting for the bash clearly saw expected an interrogation – Adair Turner, the FSA's chairman, had to spend the whole meeting shading his eyes from the bright spotlight shining directly into his face.



A Greek gift to struggling Ireland

While the Greek sovereign debt crisis might be expected to weigh heavily on other indebted eurozone countries, the enterprising folk of Ireland have come up with a way to capitalise on the affair. The Irish finance minister Michael Noonan told journalists yesterday he was considering having a load of T-shirts printed with this simple slogan: "Ireland is not Greece". The idea is to make it clear that just because Ireland has been bailed out in the same way as Greece does not mean it willsuffer the same fate. And there's some money to make too – "We won't give them away, we'll sell them," Noonan added.



Tesco suffers systems failure

Plenty of people, including us, hope that Tesco might one day shake up the banking market by launching a current account to rival the products from our tired old traditional providers – like Royal Bank of Scotland, for example. But let's hope Tesco learns from the experience of what happened when it migrated its savings accounts off RBS's systems to its own computer software at the beginning of this week. Some customers have now been locked out of their accounts for four days.



Goldman's fall from grace in US

Goldman Sachs has retained its position at the top of the Thomson Reuters deal adviser league tables – advising on 170 deals worth a cool $340bn in the first half. But what's this? The bank dubbed the "vampire squid" in its home market has been knocked off its perch, trailing Morgan Stanley, JP Morgan, Credit Suisse and Bank of America Merrill Lynch in fifth for deals "with some US involvement". A blip, or are all those negative headlines finally starting to bite when companies look at who to advise them on M&A?

businessdiary@independent.co.uk

Start your day with The Independent, sign up for daily news emails
News
ebooksAn unforgettable anthology of contemporary reportage
Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Digital Optimisation Executive - Marketing

£30000 - £35000 per annum: Recruitment Genius: The UK's fastest growing, multi...

Recruitment Genius: Financial Reporting Manager

£70000 - £90000 per annum: Recruitment Genius: A Financial Reporting Manager i...

Recruitment Genius: Payments Operations Assistant

£23000 - £25000 per annum: Recruitment Genius: They win lots of awards for the...

Recruitment Genius: Telephone Debt Negotiator

£13500 - £20000 per annum: Recruitment Genius: This nationwide enforcement com...

Day In a Page

Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at long last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)
Cycling World Hour Record: Nervous Sir Bradley Wiggins ready for pain as he prepares to go distance

Wiggins worried

Nervous Sir Bradley ready for pain as he prepares to attempt cycling's World Hour Record
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific