"Extreme" allegations that Royal Bank of Scotland tipped viable businesses into bankruptcy were described as "plausible" because of its "flawed" structure by a former deputy governor of the Bank of England yesterday.
Treasury Select Committee
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Wednesday 31 October 2012
Overlooked by the portrait of William Pitt addressing MPs, which dominates Committee Room 6 in the Palace of Westminster, something historic is happening – almost without publicity.
Sunday 21 October 2012
The auction website eBay has become the latest major company to be accused of tax avoidance after an investigation found it had paid just £1.2m in corporation tax, despite British sales totalling nearly £800m.
Sunday 12 August 2012
Google chiefs face the prospect of being hauled before MPs to explain themselves over their tax avoidance schemes, the Independent has learned.
Wednesday 08 August 2012
Standard Chartered saw a quarter of its value wiped away yesterday as furious investors sold the bank's shares in the wake of allegations by US regulators that the pillar of the British financial establishment facilitated money laundering on an industrial scale.
Friday 27 July 2012
The Parliamentary banking commission moved into high gear yesterday with an urgent call for evidence into the collapse in industry standards that has led to a string of devastating scandals and contributed to the worst recession since the Second World War.
Thursday 26 July 2012
One of the leading figures on the new committee of MPs and peers which is examining the banking sector has said the City traders behind the Libor and other scandals should be treated as no better than street drug dealers.
Saturday 21 July 2012
Witnesses may face criminal charges if they mislead MPs at select committees
Wednesday 18 July 2012
So it's official. The Governor of the Bank of England does indeed have more power than God, at least when it comes to London's financial centre. Even though he's not (officially) a regulator and didn't know there was anything wrong with Libor for ages. The Financial Services Authority's top brass was screaming for change at Barclays for months, but to no avail.
Tuesday 17 July 2012
The Barclays executive at the centre of the Libor interest rate-fixing scandal last night said he had only passed on "instructions" from a conversation he had with his then boss Bob Diamond.
Tuesday 17 July 2012
Barclays executive del Missier's evidence to MPs seems to contradict his embattled former boss
Wednesday 11 July 2012
One of the disturbing things about the Libor interest rate-fixing scandal is how frequently apparently intelligent people in functions of vital importance have been capable of misinterpreting what other similarly intelligent people have said to them. But it's hard to see how anyone could get the wrong end of the stick from the letter Lord Turner, the chairman of the Financial Services Authority, wrote to Barclays chairman Marcus Agius in April.
Monday 09 July 2012
Politicians have been virtually "useless" so far at getting to the truth behind the banking scandal, one of the MPs responsible for investigating the affair has admitted.
Monday 09 July 2012
Diamond faces recall to Parliament – but Select Committee member says inquiry isn't working
Friday 06 July 2012
Bankers involved in the interest rate rigging scandal could be questioned by a QC as well as MPs and Lords as part of a joint Parliamentary inquiry agreed yesterday.
Thursday 05 July 2012
Labour has agreed to take part in a parliamentary investigation into the banking scandal after its demand for a judge-led public inquiry was rejected tonight.
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