The Co-operative Bank's disgraced former chairman, Paul Flowers, apparently won the job because he beat his rivals' psychometric test scores, MPs on the Treasury Committee have been told.
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Sunday 21 July 2013
They hope their Olympic successes can help them to catch up with the men’s sport
Monday 01 July 2013
The team behind the £43bn High Speed 2 rail link wants new powers to borrow money in debt markets and hedge against the cost of rising commodity prices. HS2's commercial director, Beth West, is in talks with ministers over legislation to enshrine the new powers. She said raising debt would allow managers to "bring in financial discipline" instead of relying on the Government.
Monday 17 June 2013
Legal & General has ended its year-long search for a new finance director, having had its original choice blocked by the City regulator.
Wednesday 22 May 2013
Paragon, the buy-to-let mortgage provider, is applying for a banking licence in order to kickstart its consumer lending business.
Saturday 27 April 2013
Jackie Hunt quit Standard Life to join its rival Prudential yesterday, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.
Friday 26 April 2013
Jackie Hunt quit Standard Life to join rival Prudential today, taking on one of the biggest jobs in the UK insurance industry and potentially putting her in line to succeed Tidjane Thiam as chief executive.
Tuesday 09 April 2013
Bank could face big fines as it admits 'unacceptable' failure that blocked accounts
Saturday 06 April 2013
Pressure is mounting on Prudential to review its executive pay awards following an embarrassing reprimand from the Financial Services Authority last week.
Friday 05 April 2013
Prudential boss Tidjane Thiam was today handed a £7.8 million pay package by the insurer, just days after he received an embarrassing censure from the Financial Services Authority.
Thursday 28 March 2013
Prudential's Tidjane Thiam has become the first chief executive of a FTSE 100 company to be censured by the Financial Services Authority, for misconduct during the insurer's failed takeover of AIA in 2010.
Thursday 14 March 2013
Tidjane Thiam was 'a dead man walking' after his $36bn bid for AIA foundered. But now he's the toast of the City
Sunday 10 March 2013
Prudential's boss, Tidjane Thiam, will this week move closer to reaching an ambitious set of targets that could eventually lead to a break-up of the 164-year-old insurer.
Friday 08 March 2013
Friday 08 February 2013
No Pain, No Gain
Wednesday 02 January 2013
Outlook Never underestimate the potential for the establishment to self-satirise. Hector Sants has been knighted in the New Year's Honours List for "services to financial services". And what sterling services those were. This is the man who, in his five years as chief executive of the Financial Services Authority, signed off on the Royal Bank of Scotland's disastrous acquisition of ABN Amro.
Disgruntled RBS worker writes hilarious open letter to Russell Brand after anti-capitalist publicity stunt leaves him hungry
Shock poll shows voters believe Ukip is to the left of the Tories
Nigel Farage's approval rating hits 'record low' as popularity suffers in wake of Ukip sex scandal
Nigel Farage defends Kerry Smith 'ch***y' comment: 'If you are going for a Chinese, what do you say you’re going for?'
Ukip candidate jokes about 'shooting peasants' in racist and homophobic rant
Pakistan school attack live: Taliban kill at least 132 children in 'horrifying' massacre
- 2 Harry Potter fans can apply to the Hogwarts-inspired College of Wizardry
- 3 Jessica Chambers: 19-year-old woman 'doused with lighter fluid and burned alive' in the US
- 4 Russell Brand calls Nigel Farage 'poundshop Enoch Powell' in BBC Question Time debate
- 5 Orange Wednesdays are no more