> Skip to content
About the book
  • Published: 24 April 2014
  • ISBN: 9781448183319
  • Imprint: Cornerstone Digital
  • Format: EBook
  • Pages: 368
Categories:

Bad Banks

Greed, Incompetence and the Next Global Crisis




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' António Horta-Osório. 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.

  • Pub date: 24 April 2014
  • ISBN: 9781448183319
  • Imprint: Cornerstone Digital
  • Format: EBook
  • Pages: 368

About the Author

Alex Brummer

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 at the Daily Mail in 2000. He has won prizes both as a foreign correspondent and economics writer. Awards received include Business Journalist of the Year 2006, Newspaper Journalist 2002 and Best City Journalist 2000. His books include Hanson: A Biography (Fourth Estate 1994), Weinstock: The Life and Times of Britain's Premier Industrialist (HarperCollins 1998), The Crunch (Random House 2008) and Britain for Sale (Random House 2012).

Also by Alex Brummer

See all

Praise for Bad Banks

“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


Related titles