Ianfraser - ianfraser.org - Ian Fraser
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‘Clydesdale hasn’t turned gangrenous but it’s festering and giving off a decided whiff’ 27 Aug 2013 | 04:00 am
August 27th, 2013 For some time now, I’ve been warning that Clydesdale Bank and Yorkshire Bank are seriously damaged institutions and indeed that they could — like HBOS in the mid noughties — be an ac...
Britain is fast turning into a Banana Republic, wilfully blind to corruption 17 Aug 2013 | 06:20 am
August 17th, 2013 You may remember that, back in November 2010, it emerged that a “cocky” Prince Andrew appeared to welcome and endorse bribery and corruption — or at least that he abhors those who wo...
Hester got RBS back on an even keel 14 Jun 2013 | 12:08 am
By Ian Fraser Published: Daily Record Date: June 13th, 2013 Stephen Hester’s five years at the helm of Royal Bank of Scotland were nothing if not tumultuous. Under his predecessor, Fred Goodwin, retai...
The beauty and insanity of HFT 10 May 2013 | 11:35 pm
May 10th, 2013 What has become of our markets? Nanex, the market analysis firm that likes to create visual representations of the financial markets, has animated a half second of trading activity in J...
Paul Moore: Why Griffith-Jones must step down as FCA chairman 20 Apr 2013 | 07:51 pm
April 20th, 2013 Trust in UK financial regulation and auditing cannot be rebuilt unless John Griffith-Jones (pictured right) steps down as chairman of the Financial Conduct Authority, writes HBOS whis...
Disgraced former HBOS boss Andy Hornby gives Channel 4 News the cold shoulder 15 Apr 2013 | 03:59 pm
April 15th, 2013 Ten days ago the former bosses of HBOS were accused of a “colossal failure of management” by the Parliamentary Commission on Banking Standards. Today Channel 4 News’s business corresp...
Highland result suggests RBS bankers no longer above the law 13 Apr 2013 | 07:42 pm
April 13th, 2013 Finally, we have evidence that banks and bankers are not above the law in the United Kingdom. It seems the courts have finally woken up to the fact that allowing them to lie, cheat, d...
Salmond’s £1.7 million bung to KPMG is a kick in the teeth for taxpayers 11 Apr 2013 | 06:22 pm
April 11th, 2013 Yesterday, the Scottish government of first minister Alex Salmond gave a £1.7 million Regional Selective Assistance grant to the ‘Big Four’ accountancy firm KPMG to establish a tax av...
HSBC’s drugs money laundering settlement a mockery of justice, says Warren 8 Mar 2013 | 03:19 am
March 7th, 2013 Senator Elizabeth Warren (Democrat-Massachusetts), has once again revealed the dangerous double standards at the heart of the US justice system. Appearing at the Senate Banking Committ...
Stephen Hester just doesn’t get it 1 Mar 2013 | 05:45 pm
By Ian Fraser Published: Daily Record Date: March 1st, 2013 Royal Bank of Scotland boss Stephen Hester was yesterday touring the television studios trying to convince us that he is absolutely determin...
