Bad Banks: Mistakes, Misselling, Misbehaviour and the Next Global Crisis

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9781847941138: Bad Banks: Mistakes, Misselling, Misbehaviour and the Next Global Crisis
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The inside story of the continuing global banking crisis.
     
Written by an award-winning financial journalist, Bad Banks is an unflinching and gripping account of the problems and scandals that continue to bedevil the world's banking system some five years after the credit crunch. It follows the fortunes and misfortunes of individual banks, from RBS to Lloyds. It exposes instances of misselling, 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 spoken to all the major players, from HBOS's Andy Hornby, to former Governor of the Bank of England Sir Mervyn King, to the ex-Greek permier Lucas Papademos. His book is an insightful -- and terrifying -- account of institutions once renowned for their probity, now all too often a byword for incompetence, and worse.

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About the Author:

ALEX BRUMMER is one of the UK's leading financial journalists and commentators. After a long and successful stint at the Guardian he moved to be City Editor of the Daily Mail in 2000. He has won prizes as both a foreign correspondent and economics writer, awards received including Business Journalist of the Year 2006, Newspaper Journalist 2002 and Best City Journalist 2000.

Review:

"Grimly fascinating... This is a pacey accessible and astute summary of what has gone wrong with the banks, and what the banks have done wrong... It is a sobering narrative in which Brummer's judgements are nuanced and reliable." -- Oliver Kamm * The Times * "Like a surgeon at his operating table, Brummer dissects each British, American and European scandal of the last 10 years. He spares nobody, but his demolition job is made all the more powerful by the sparing language he deploys towards his targets. This is controlled menace at its best." -- John Kampfner * Observer * "[Brummer] is a doyen of British financial journalism and it shows in the maturity of his judgments and breadth of his knowledge... It is all skilfully woven together by a writer who knows when to fly high and when to swoop low." * Financial Times * "Through and expansive." * Management Today * "An informed, riveting and ultimately disconcerting read." * Business Life *

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9781847941145: Bad Banks: Greed, Incompetence and the Next Global Crisis

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ISBN 10:  1847941141 ISBN 13:  9781847941145
Publisher: Random House UK, 2015
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