How Select should criticisms of banking culture be?

It appears that everyone is running around shouting about the latest financial services scandals (Libor/Euribor, Interest Rate Swaps).  Heads are being demanded on the proverbial platters but that seems to me to miss the underlying issue – banking culture.   Questioning Bob Diamond (late CEO of Barclays) in front of the Treasury Select Committee, Mark […]

Is the world waking up to shareholder power?

As readers will know – I’ve been recommending for years that shareholders should be given a statutory role (shareholder power) to get more involved in companies’ activities. Prime Minister David Cameron and Business Secretary Vince Cable are now talking about making it a legal requirement for shareholders to have mandatory oversight on directors’ pay. However […]