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Accounting is the systematic process of measuring the economic activit...

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The most resonant measure of how well Barclays has performed is that the average pay and benefits of the 22,000 people who work for its investment bank, Barclays Capital, was almost exactly £100,000 for just the first six months of the year. In...
02/08/2009 | 187 Hits | Read more...

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BT seems to me to have been a bit disingenuous this morning in the way it has presented its first quarter results. The impression it creates is of steady-as-she goes in its retail and wholesale broadband and telephony businesses. And that the...
30/07/2009 | 98 Hits | Read more...

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You don't have to be a Barclays shareholder or customer to be relieved that the blue-badged bank has been told by the Financial Services Authority that there's no pressing need for it to raise substantial amounts of new capital. The FSA,...
28/03/2009 | 216 Hits | Read more...

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As a young, eager and arrogant banking correspondent in the mid 1980s, I was underwhelmed by the calibre of those running our biggest banks. They seemed too easily seduced into lending to crooks such as Robert Maxwell, or to spivs running...
19/03/2009 | 145 Hits | Read more...

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WASHINGTON - President-elect Barack Obama named his economic team Monday, tapping New York Federal Reserve President Tim Geithner as treasury secretary to deal "an economic crisis of historic proportions." At a news conference 57 days...
24/11/2008 | 220 Hits | Read more...