Treasury Select Committee

Vince Cable has a senior moment over meetings

The Business Secretary, Vince Cable, faced embarrassment yesterday after he told MPs that a new committee set up to promote economic growth had not held any meetings – even though he attended two of them.

Investor backlash sends Standard Chartered reeling

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.

Diamond refuses to waive his £20m pay-off

Bob Diamond, the former Barclays chief executive, indicated he would fight to keep his multimillion-pound pay-off after stepping down in the wake of the interest rate-fixing scandal, despite admitting he was in charge of bankers whose "behaviour… was reprehensible".

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