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09/07/2012
Miliband Calls For Banking 'Code Of Conduct'
Following the recent scandals within the industry, Labour leader Ed Miliband has called for a code of conduct to be set up for bankers.
He argued that those guilty of wrongdoing should be "struck off", as happens to doctors and lawyers.
Mr Miliband told an audience of financiers it was time to move from "casino" to "stewardship" banking.
He also outlined plans to set up a specialist financial crime unit within the Serious Fraud Office.
The government argues it is already reforming the banking system and that Labour governments did not deal with most of the current problems.
Mr Miliband's speech, at the Co-operative Bank in London, follows a record fine of £290m for Barclays after some of its staff were found to have rigged inter-bank lending rates during the middle and end of the last decade, when his party was in power.
The Serious Fraud Office has also confirmed it is investigating.
(H)
He argued that those guilty of wrongdoing should be "struck off", as happens to doctors and lawyers.
Mr Miliband told an audience of financiers it was time to move from "casino" to "stewardship" banking.
He also outlined plans to set up a specialist financial crime unit within the Serious Fraud Office.
The government argues it is already reforming the banking system and that Labour governments did not deal with most of the current problems.
Mr Miliband's speech, at the Co-operative Bank in London, follows a record fine of £290m for Barclays after some of its staff were found to have rigged inter-bank lending rates during the middle and end of the last decade, when his party was in power.
The Serious Fraud Office has also confirmed it is investigating.
(H)
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17 January 2014
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Miliband Says Banking Should Take 'Path Of Change'
The Labour Leader has called on the banking sector to take the "path of change" in response to public anger over failures within the sector.
Miliband Says Banking Should Take 'Path Of Change'
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22 February 2006
Thirteen arrested in bank fraud investigation
Police have arrested thirteen people in connection with an investigation into a multi-million pound banking fraud. The arrests were made following a series of raids co-ordinated by the City of London police, in west London and Bradford this morning. Eight men and five women were arrested. A bank employee is understood to be among those arrested.
Thirteen arrested in bank fraud investigation
Police have arrested thirteen people in connection with an investigation into a multi-million pound banking fraud. The arrests were made following a series of raids co-ordinated by the City of London police, in west London and Bradford this morning. Eight men and five women were arrested. A bank employee is understood to be among those arrested.
05 May 2004
Teachers urged to adopt 'personalised' approach to revision
Schools can get 'personalised' revision tips aimed at helping pupils to prepare for exams from new guidance written by education experts. School Standards Minister David Miliband said that while some young people might benefit from unsupervised revision, others do better in a more structured setting.
Teachers urged to adopt 'personalised' approach to revision
Schools can get 'personalised' revision tips aimed at helping pupils to prepare for exams from new guidance written by education experts. School Standards Minister David Miliband said that while some young people might benefit from unsupervised revision, others do better in a more structured setting.
28 July 2014
FCA Fines Lloyds Banking Group £105m
Lloyds Banking Group has been fined £105m for serious misconduct relating to the Special Liquidity Scheme (SLS), the Repo Rate benchmark and the London Interbank Offered Rate (LIBOR).
FCA Fines Lloyds Banking Group £105m
Lloyds Banking Group has been fined £105m for serious misconduct relating to the Special Liquidity Scheme (SLS), the Repo Rate benchmark and the London Interbank Offered Rate (LIBOR).
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