HSBC was today fined £1.2bn (1% of market capitalisation) over US claims that it was engaged in money laundering for terrorists. Its “profoundly sorry” CEO, Stuart...
In the wake of the financial crisis, new research suggests that both the demand for and understanding of ethical investment has grown in the past 12...
A report by responsible investment campaigners FairPensions has highlighted that despite a government consultation on excessive executive pay, 72% of institutional investors opposed plans for a...
Alex Blackburne spoke with Michael Solomon, director of Profit Through Ethics, about how it is attempting to remodel the world of business into a more ethical,...
“Few paid much attention” to page 29 of the Bank of England’s Financial Stability report in June, writes Ian King, business editor of The Times. The page...
Government plans to increase competition in the banking sector will be dealt a blow after ING Direct said it would exit the British market. Concerns have...
FairPensions is to host a training event in London in November, in order to encourage employees and shareholders to campaign for responsible investment within their pension...
We’re into August now, so as usual, we look back at the month of July to examine the biggest headlines that emerged. Before July 2012, the...
Alex Blackburne spoke with Dr Raj Thamotheram, widely recognised as one of the leading thinkers in the sustainable investment space. They discuss the notion of “investing...
Recent debacles in banking from various insurance mis-selling scandals (payment protection and interest rate swaps), on-going IT failures (Natwest) and Libor fixing (Barclays, the first of...
The government’s fraud and corruption investigation arm will be looking into the supposed manipulation of the Libor rate among UK banks. The Serious Fraud Office, the...
Former Barclays chief Bob Diamond faced some tough questions about the interest rate-fixing scandal from the Treasury committee today in parliament. Diamond resigned from his post as...
At a time when the national headlines are dominated by scandal and misdemeanour within the mainstream banking sector, more people than ever are reviewing ethical options, according...
Barclays chief executive Bob Diamond finally bowed to public and political pressure and resigned this morning. After securing board support on Friday evening and overseeing the...
Business secretary Vince Cable has enforced plans for a binding vote on executive pay, meaning public limited companies will be legally required to act upon shareholder...