Banking as a profession?

Here is another of my very lazy “blogs”, this one courtesy of a consultation document on the possible development of a bankers professional body in Britain. The consultation is being carried out by Sir Richard Lambert, former editor of the Financial Times and former boss of the Confederation of British Industry. He was asked to look at setting up a standards-raising body by the chairmen of Barclays, HSBC, Lloyds Banking Group, Royal Bank of Scotland, Santander, Standard Chartered and Nationwide …

Irish Nationwide mortgage holders not getting a fair deal

by Business Editor David Murphy Is the State being unfair on Irish Nationwide mortgage holders? Here is why that might be the case: Irish Nationwide was merged with Anglo Irish Bank to become IBRC. Now the Government is liquidating IBRC and the mortgages are being sold. It is possible they will be bought by an investment fund – if not they will be transferred to Nama. If the buyer is an unregulated fund it does not have to comply with …