Inhaltsangabe
This is the definitive account of the Royal Bank of Scotland scandal.For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giant - having rapidly grown its footprint to 55 countries and stretched its assets to £2.4 trillion under its hubristic and delinquent former boss Fred Goodwin - crashed to earth.In Shredded, Ian Fraser explores the series of cataclysmic misjudgments, the toxic internal culture and the 'light touch' regulatory regime that gave rise to RBS/NatWest's near-collapse. He also considers why it became the most expensive bank in the world to bail out and why a culture of impunity was allowed to develop in the banking sector.This new edition brings the story up to date, chronicling the string of scandals that have come to light since taxpayers rescued RBS and concluding with an evaluation of the attempts of the bank's post-crisis chief executives, Stephen Hester and Ross McEwan, to dismantle Goodwin's disastrous legacy and restore the damaged institutions to health.'A gripping account - RBS was a rogue business, operating in what had become a rogue industry, with the connivance of government. Read it and weep' – Martin Woolf, Financial Times
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Über die Autorin bzw. den Autor
Ian Fraser is an award-winning journalist, commentator and broadcaster who writes about business, finance, politics and economics. His work has been published by among others The Sunday Times, The Economist, Financial Times, BBC News, Thomson Reuters, Dow Jones, Daily Mail, Mail on Sunday, Independent on Sunday, the Herald, Sunday Herald, The Scotsman, Accountancy, CA Magazine and Citywire.
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Shredded: Inside RBS, The Bank That Broke Britain
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Paperback. Zustand: new. Paperback. The Royal Bank of Scotland was once one of the most successful and profitable financial institutions in the world; revered, admired and trusted by millions of savers and investors. A trusted employer for tens of thousands of people, with branches on nearly every high street in the land. Now, the very mention of the bank's name causes fury and resentment, and the former CEO, Fred Goodwin, is regarded by many as the one of the principal culprits of the worst financial crash since 1929.In this book, award-winning financial journalist Ian Fraser reveals how the 'light touch, limited touch' approach to financial regulation of New Labour and the aggressive, confrontational, autocratic and reckless style of Fred Goodwin led to disaster, not just for RBS, but for everyone in the UK.The fall of RBS has been one of the most catastrophic events of the on-going global financial crisis. This book reveals new and never-revealed-before details about how Fred Goodwin brought the biggest company in the world to the very brink of ruin. The fall of RBS has been one of the most catastrophic events of the on-going global financial crisis. This book reveals new and never-revealed-before details about how Fred Goodwin brought the biggest company in the world to the very brink of ruin. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Bestandsnummer des Verkäufers 9781780276045
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Paperback. Zustand: New. New Edition. This is the definitive account of the Royal Bank of Scotland scandal.For a few brief months in 2007 and 2009, the Royal Bank of Scotland was the largest bank in the world. Then the Edinburgh-based giant - having rapidly grown its footprint to 55 countries and stretched its assets to £2.4 trillion under its hubristic and delinquent former boss Fred Goodwin - crashed to earth.In Shredded, Ian Fraser explores the series of cataclysmic misjudgments, the toxic internal culture and the 'light touch' regulatory regime that gave rise to RBS/NatWest's near-collapse. He also considers why it became the most expensive bank in the world to bail out and why a culture of impunity was allowed to develop in the banking sector.This new edition brings the story up to date, chronicling the string of scandals that have come to light since taxpayers rescued RBS and concluding with an evaluation of the attempts of the bank's post-crisis chief executives, Stephen Hester and Ross McEwan, to dismantle Goodwin's disastrous legacy and restore the damaged institutions to health.'A gripping account - RBS was a rogue business, operating in what had become a rogue industry, with the connivance of government. Read it and weep' - Martin Woolf, Financial Times. Bestandsnummer des Verkäufers LU-9781780276045
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Shredded : Inside RBS the Bank that broke Britain.
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Softcover. Zustand: Fine. New Edition. 650 pages, several colour photographs. Original printed card covers. Shredded is widely regarded as the definitive account of the Royal Bank of Scotland scandal. Fraser traces how RBS grew into the worldâs largest bank for a brief period before collapsing spectacularly during the financial crisis. Size: 14 x 21 cms. Category: Varied Books; ISBN: 1780276044. ISBN/EAN: 9781780276045. This item may require more postage than the rates shown for delivery outside the UK. If extra postage is required we will contact you before processing your order and you will be given the details and option to decline the extra cost. Cosmo Books : 29 years on ABE, 47 years taking care of customers. A bookseller you can rely on. Bestandsnummer des Verkäufers 520227
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