Paul Myners News
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The inside story of how bankers lied, cheated and colluded to rig Libor, the world's most important interest rate.
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OAO MegaFon said it will appoint Paul Myners, a former U.K. Treasury minister, as an independent director, bolstering its board before a planned initial public offering in London this month.
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Every morning, from his desk by the bathroom at the far end of Royal Bank of Scotland Group Plc’s trading floor overlooking London’s Liverpool Street station, Paul White punched a series of numbers into his computer.
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Derivatives traders don’t have special talents that justify the bonuses that pay them as much as sporting stars, U.K. Treasury Minister Paul Myners said.
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Former U.K. Treasury Minister Paul Myners said his failure in 2008 to curb the pension of former Royal Bank of Scotland Group Plc Chief Executive Officer Fred Goodwin was “not my finest hour.”
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Paul Myners, a Labour Party lawmaker in Parliament’s upper House of Lords, said he hopes Paul Tucker will be appointed the next Bank of England governor, countering pressure on his bid for the job from the Libor-rigging furor.
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Treasury minister Paul Myners rejected splitting the retail and investment banking operations of the biggest U.K. banks, saying large institutions are needed to compete internationally.
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Paul Myners, a former Treasury minister who oversaw the bailout of U.K. banks, called on the nation’s securities regulator to publish a report on the collapse of HBOS Plc, the Sunday Times reported.
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Paul Myners , a former U.K. Treasury minister, called for reform of the audit market, to end the domination of the “Big Four” firms, the London-based Times reported.
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Paul Myners, a former U.K. Treasury minister, called for an inquiry into high frequency trading because of its role in stock price volatility, the Sunday Telegraph reported, citing comments by Myners.
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