Bad Banks: Greed, Incompetence and the Next Global Crisis

Alex Brummer

Bad Banks: Greed, Incompetence and the Next Global Crisis
Format
Paperback
Publisher
Cornerstone
Country
United Kingdom
Published
15 March 2015
Pages
368
ISBN
9781847941145

Bad Banks: Greed, Incompetence and the Next Global Crisis

Alex Brummer

Written by a man with inside knowledge of all the major players, this is the story of how the economic crisis continues to haunt us, and why the unchecked recklessness of some banks is still a threat to our financial future.

Bad Banks is a gripping account of the problems and scandals that continue to bedevil the world’s banking system some eight years after the credit crunch.

It follows the fortunes and misfortunes of individual banks, from RBS to Lloyds. It exposes instances of mis-selling, money laundering, interest rate fixing and incompetence. And it considers the bigger picture- how the failings of the world’s banking system are threatening to undermine our future economic security. Alex Brummer, the City Editor of the Daily Mail, has had access to all the major players, from HBOS’s Andy Hornby, to former Governor of the Bank of England Sir Mervyn King, to the ex-Chief Executive of Barclays, Bob Diamond, to Lloyds’ Ant nio Horta-Os rio. His book is an insightful - and terrifying - account of institutions once renowned for their probity, but now all too often a byword for incompetence, and worse.

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