Day: 11 June 2015

City Ethics: The Governor Speaks Out.

June 11, 2015 By Malcolm Blair-Robinson

Mark Carney is normally measured and careful in his pronouncements; a caution here, a warning there, encouragement too. This made his outspoken attack on the low life ethics in parts of the City, the flaws in markets driven by excess, the controls and penalties which would in future be enforced and above all the demands […]

Royal Bank Of Scotland: What Value?

June 11, 2015 By Malcolm Blair-Robinson

The Chancellor’s announcement that he would start selling RBS shares at a loss caused the biggest stir in a fairly meaty speech yesterday at the Mansion House. His convoluted arithmetic that overall the taxpayer had made a profit out of the bank rescue programme was a pointless argument; not least because had the banks not […]