Blog articles tagged with treasury select committee

Live: Marcus Agius at the Treasury Committee

by Vicky Wong / 10 Jul 2012 09:52

Marcus Agius has now finished giving evidence to the Treasury Select Committee.

***

Former Barclays CEO Bob Diamond will receive a payoff of around £2m. David Cameron said that Diamond waiving his bonus was a sign that Barclays understood public concerns.
Agius said that there was a conversation with the Governor of the Bank of England. Mervyn King told him that Diamond no longer had the

Live: Paul Tucker at the Treasury Committee

by Vicky Wong / 09 Jul 2012 15:34

Paul Tucker has finished giving evidence to the Treasury Select Committee.

Tucker denies receiving any encouragement from either Jeremy Heywood, Shriti Vadera, Ed Balls or any other government minister to “lean on banks” to lower their Libor rates.

Tucker said that alarm bells didn’t go off when he was first alerted that some banks may be low-balling Libor and repeatedly stresses that the Bank of England did not take

Should we try the banks Leveson-style?

by Anoosh Chakelian / 29 Jun 2012 14:17

It is a rather delicious televisual prospect - airing the dirty bespoke laundry of those all-texting, all-Bollinger-swilling bankers for the sake of innocuous British viewers and excitable headline writers to gawp and cringe. Oh, and for the sake of justice.

The parallels between the public probe into press standards and a would-be bankers’ inquiry are almost too pleasingly easy to draw.

There is the Murdochian baddie who refuses to resign, Barclays chief