Bad Banks

Bad Banks

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Author: Brummer, Alex
ISBN: 9781847941145
Publisher: RANDOM HOUSE UK
Year first published: 15 Mar 2015
Pages: 368
Format: Paperback / softback

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.

Plt;bPgt;Plt;iPgt;Bad BanksPlt;/iPgt; is a gripping account of the problems and scandals that continue to bedevil the worldP#39;s banking system some eight years after the credit crunch. Plt;/bPgt;Plt;BRPgt;Plt;BRPgt;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 worldP#39;s banking system are threatening to undermine our future economic security. Alex Brummer, the City Editor of the Plt;iPgt;Daily MailPlt;/iPgt;, has had access to all the major players, from HBOSP#39;s Andy Hornby, to former Governor of the Bank of England Sir Mervyn King, to the ex-Chief Executive of Barclays, Bob Diamond, to LloydsP#39; AntP#243;nio Horta-OsP#243;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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