Meddling Mandy – the details

We mused last week on what suggested reforms the First Secretary of State for Business, Innovation and Skills might have made to the UK’s Takeover Panel.

And now we know,...

Kohn departs from Federal Reserve

Spotted on Monday — a dove leaving the Federal Reserve.


No, not that kind of dove.

The other, deflationary-leaning, kind.

Donald Kohn has told the Federal Reserve he...

More on that mysterious counterpart N

Financial scandal? Threats to an Italian academic’s life? Secret eurozone bailout plans? Goldman Sachs?

Zero Hedge has discovered Gustavo Piga’s 2001 paper on “Derivatives...

Buffett urges boards, airs rebound

Warren Buffett urged boards to hold CEOs accountable for their companies’ risk management failures, noting that top managers of troubled financial institutions have gone largely...

BarCap bolsters Asian ranks

Barclays Capital has further bolstered its ranks in Asia with the recruitment of one of the region’s top investment bankers. The bank has hired Johan Leven, the former co-head...

Jamie Dimon? You’re free to go.

Jamie Dimon is no longer on Atlanta’s wanted list.

On Tuesday, CBS Atlanta reported the JP Morgan goldenboy had a warrant out for his arrest, related to an illegal dump...

Bad debt surprise at Lloyds

From the Lloyds Banking Group 2009 annual results statement.

J Eric Daniels, chief executive:

Impairments in the year were £24.0 billion, which is reflective of the problem HBOS portfolios,...

US panel to grill bank chiefs

The commission set up by the US Congress to examine causes of the 2008 financial crisis will interview foreign regulators and question top bank executives. Phil Angelides, chairman...

RBS pays out

Royal Bank of Scotland admitted on Thursday that more than 100 of its investment bankers will receive bonuses of at least £1m for 2009, a year in which the largely state-owned...

JPMorgan plans to double income

JPMorgan Chase executives outlined plans on Thursday to double net income from last year’s $11.7bn once credit markets improve and the bank reaps returns from recent acquisitions and investments....

Ex-Madoff director arrested in New York

FBI agents arrested the former operations director of Bernard Madoff’s securities firm on Thursday on charges that he falsified records and lied to authorities to conceal a decades-long Ponzi scheme....

Lebedev, IN&M near deal

Alexander Lebedev, owner of the London Evening Standard newspaper, and Independent News & Media have approached the UK’s Office of Fair Trading over the planned sale...