by Iain Martin
Bank of Scotland, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6
founding of, ref 1, ref 2
as joint stock-bank, ref 1
modern British banking pioneered by, ref 1
national networks developed by, ref 1
and NatWest, ref 1, ref 2, ref 3, ref 4, ref 5
RBS early rivalry with, ref 1
‘sues for peace’, ref 1
Whigs distrust, ref 1
see also Halifax; HBOS
bankers:
accountants versus, ref 1
‘“canny” Scottish’, ref 1
Labour honours and ennobles, ref 1
large remuneration of, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11, ref 12, ref 13
prosecution avoided by, ref 1
banks:
auditing of, ref 1; see also banks: regulation/supervision of
bailouts of, ref 1, ref 2, ref 3, ref 4, ref 5 passim, ref 1
and Basel regulation, ref 1
and Big Bang, ref 1, ref 2, ref 3, ref 4
Brown wish for competition among, ref 1
Darling promises support for, ref 1
Darling meeting with CEOs of, ref 1
deregulation of, ref 1
foreign investment, presence of, in UK, ref 1
globalised nature of, ref 1
growing profits of, ref 1
innovative activities embraced by, ref 1; see also individual banks
and interest rates, ref 1, ref 2, ref 3, ref 4, ref 5
lighter scrutiny of, ref 1; see also Financial Services Authority
more credit offered by, ref 1
proposed ring fence for, ref 1, ref 2
regulation/supervision of, ref 1, ref 2, ref 3; see also banks: auditing of; Basel; Financial Services Authority
reluctance of, to deal with RBS, ref 1
remodelling of, ref 1
revelations about conduct of, ref 1
‘too big to fail’, ref 1
tripartite regulation of, ref 1, ref 2, ref 3, ref 4, ref 5; see also Basel;
Financial Services Authority
UK, balance sheets of, ref 1, ref 2, ref 3, ref 4
UK, clearing, balance sheets of (since 1960), ref 1
UK, growth of, ref 1
UK, steady fall in number of, ref 1
and Value at Risk (VaR), ref 1, ref 2
see also City of London
Banque de France, ref 1
Barclays, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9
and ABN Amro, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8
FG hates, ref 1
fines paid by, ref 1
growing profits of, ref 1
Barclays Capital, ref 1, ref 2
Barings, ref 1, ref 2
Basel, ref 1
Bear Stearns, ref 1
Better Regulation Action Plan, ref 1 see also banks: regulation of
Better Regulation Task Force, ref 1
Big Bang, ref 1, ref 2, ref 3, ref 4, ref 5
Birmingham and Midshires, ref 1
Black, Joseph, ref 1
Blair, Cherie, ref 1
Blair, Tony, ref 1, ref 2, ref 3
and 1997 election, ref 1
and bank regulation, ref 1
bankers fêted by, ref 1
Brown wants to oust, ref 1
FG Chequers meal with, ref 1
and Gaddafi, ref 1
leadership won by, ref 1
Blank, Victor, ref 1
Bloomberg, ref 1
Blue Arrow affair, ref 1
Blunkett, David, ref 1
BNP Paribas, ref 1, ref 2
boom and bust, ‘end’ of, ref 1, ref 2, ref 3, ref 4, ref 5
Botín, Emilio, ref 1, ref 2, ref 3, ref 4
BP, ref 1
Bradford & Bingley, ref 1, ref 2
Braveheart, ref 1, ref 2, ref 3
Briault, Clive, ref 1, ref 2
Brown, Andrew, ref 1
Brown, Gordon, ref 1, ref 2 passim
and 1997 election, ref 1
‘appalled’ by RBS crisis, ref 1
and bank bailouts, ref 1, ref 2, ref 3
and bank regulation, ref 1, ref 2, ref 3
bankers fêted by, ref 1
becomes Chancellor, ref 1
and BoE independence, ref 1, ref 2, ref 3
boom–bust conference speech of, ref 1
and boom and bust, ‘end’ of, ref 1, ref 2, ref 3, ref 4, ref 5
Chancellorship aspirations of, ref 1
Darling joint press conference with, ref 1
economic growth under, ref 1
father influence on, ref 1
FG compared to, ref 1
and Greenspan, see Greenspan, Alan
house prices rise under, ref 1
and interest-rate control, ref 1, ref 2
King relationships with, ref 1
last Mansion House speech of, ref 1
leadership bid lost by, ref 1
and Lloyds–HBOS, ref 1
RBS bailout announced by, ref 1, ref 2
and RBS collapse, ref 1, ref 2
Smith influence on, ref 1
and socialism, ref 1
at university, ref 1
and US politics, ref 1, ref 2
Brown, John, ref 1
Brown, John Ebenezer, ref 1, ref 2
Buccleuch, Duke of, ref 1
Buchan, Colin, ref 1, ref 2, ref 3, ref 4, ref 5
Buffet, Warren, ref 1
Burlington Resources, ref 1
Burns, Robert, ref 1
Burns, Terry, ref 1
Burnside, Howard, ref 1
Burt, Peter, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6
Bush, George H.W., ref 1, ref 2
Bush, George W., ref 1, ref 2, ref 3
Bush, Laura, ref 1
Butler, Lord, ref 1
Cable, Vince, ref 1
Caledonia, naming of, ref 1
Cameron, Donald, ref 1
Cameron, Johnny, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7 passim, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9 passim, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7
and ABN Amro, ref 1, ref 2, ref 3, ref 4
FG stands by, ref 1
FSA investigates, ref 1, ref 2
at Gogarburn opening, ref 1
and hedging exposure, ref 1
and worsening liquidity situation, ref 1
Camerons of Locheal, ref 1, ref 2, ref 3, ref 4
Campbell, Archibald, see Ilay, Earl of
Campbell, John, ref 1, ref 2, ref 3
Canary Wharf, ref 1
Caplan, Rick, ref 1, ref 2, ref 3, ref 4, ref 5
Carpenter, Ben, ref 1, ref 2, ref 3
Charles, Prince of Wales, ref 1, ref 2, ref 3
Charter One, ref 1, ref 2
Chase, ref 1
Chirac, Jacques, ref 1
Chisholm, Andy, ref 1
Churchill, ref 1, ref 2
Churchill, Winston, ref 1
Cicutto, Frank, ref 1, ref 2, ref 3
Citibank, ref 1
Citigroup, ref 1, ref 2, ref 3
Citizens Bank, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11, ref 12
and Mellon, ref 1
new CEO for, ref 1
City of Glasgow Bank, ref 1
City of London, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11, ref 12, ref 13, ref 14, ref 15
modernisation of, ref 1
see also banks
Clarke, Charles, ref 1
Clarke, Ken, ref 1
Clinton, Bill, ref 1, ref 2, ref 3
Clydesdale Bank, ref 1, ref 2, ref 3, ref 4, ref 5
away days of, ref 1
celebrations at, as FG leaves, ref 1
FG becomes CEO of, ref 1
Cochrane, Alan, ref 1
Cole-Hamilton, Richard, ref 1
Coleman, David, re
f 1, ref 2
collateralised debt obligations (CDOs), ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11
index of, ref 1
varieties of, ref 1
see also sub-prime mortgages
Commonwealth Bancorp, ref 1
Community Bancorp, ref 1
Compagnie Bancaire, ref 1
Company of Scotland, ref 1
founding of, ref 1
‘Competition in UK Banking’, ref 1
Connolly, John, ref 1, ref 2, ref 3, ref 4, ref 5
ConocoPhillips, ref 1
Conservatives, see Tories
consumer debt, ref 1
Conti, Tom, ref 1
Cooper, Yvette, ref 1, ref 2
Corbett, R.Y., ref 1
Cornwall, Duchess of, ref 1
Countrywide Financial, ref 1
County NatWest, ref 1, ref 2
Coutts, ref 1, ref 2, ref 3, ref 4, ref 5
Cox, Archie, ref 1
credit crunch, see financial crisis
credit default swaps (CDSs), ref 1
Crosby, James, ref 1, ref 2, ref 3, ref 4, ref 5
knighthood lost by, ref 1
Crowe, Brian, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11, ref 12
and CDOs, ref 1
and hedging exposure, ref 1
moved to ABN Amro, ref 1
ordination of, ref 1, ref 2
withdrawn from ABN Amro, ref 1
and worsening liquidity situation, ref 1
Crowe, Russell, ref 1
Cruickshank, Don, ref 1
Crutchley, John-Paul, ref 1
Cryan, John, ref 1, ref 2
Cummings, Peter, FSA fines, ref 1
Cummins, John, ref 1
Currie, Jim, ref 1
Daily Telegraph, ref 1, ref 2
Daniels, Eric, ref 1
Darien Scheme, ref 1, ref 2, ref 3, ref 4
Caledonia emerges from, ref 1
Darling, Alistair, ref 1, ref 2
and bank bailouts, ref 1, ref 2, ref 3
banks’ CEOs meet with, ref 1
and Brown–George spat, ref 1
Brown joint press conference with, ref 1
at ECOFIN meeting, ref 1
and FG knighthood, ref 1
and FG pension, ref 1, ref 2, ref 3
FSA and BoE meet with, ref 1
at Gogarburn opening, ref 1
Goodwin meets (2007), ref 1
King follows plan of, ref 1
King relationships with, ref 1
memoirs of, ref 1
MPs briefed on financial crisis by, ref 1
RBS bailout announced by, ref 1, ref 2
and RBS collapse, ref 1
Treasury meeting called by, ref 1
UK banks supported by, ref 1
Darroch, Kim, ref 1
Davidson, Joanna, ref 1, ref 2
Davies, Howard, ref 1, ref 2
Davos, ref 1
de la Renta, Oscar, ref 1
deficit, sharp rise in, ref 1
Deloitte & Touche, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7
Deutsche Bank, ref 1, ref 2
Dewar, Donald, ref 1
Diamond, Bob, ref 1, ref 2, ref 3
forced out of post, ref 1
Dickinson, Alan, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11, ref 12, ref 13
Dime Bancorp, ref 1
Direct Line, ref 1, ref 2, ref 3
District Bank, ref 1
Dixon Motors, ref 1
Dixon, Paul, ref 1
Dixon, Simon, ref 1
dotcom bubble, ref 1
Dow Jones, ref 1
Drake-Brockman, Symon, ref 1
Dresdner Kleinwort Wasserstein, ref 1, ref 2
‘Drivers for Growth’ conference, ref 1
Drummond Bank, ref 1, ref 2, ref 3
Dundas, Lawrence, ref 1
Dundee Banking Company, ref 1
Dutch Central Bank, ref 1
Duthie, Robin, ref 1
East India Company, ref 1
Economic and Financial Affairs Council (ECOFIN), ref 1, ref 2
Economist, ref 1, ref 2
Eden, James, ref 1, ref 2
Elizabeth II, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7
emerging economies, ref 1
Emirates Stadium, ref 1
Enron, ref 1, ref 2
Equitable Life, ref 1
Equivalent Company, ref 1
Ernst & Young, ref 1
euro, see single currency
Exchange Rate Mechanism (ERM), ref 1, ref 2
‘failure of the Royal Bank of Scotland, The’ (FSA), ref 1, ref 2
Fastow, Andy, ref 1
Federal Reserve, ref 1, ref 2, ref 3
Ferguson, Adam, ref 1
Ferguson, Alex, ref 1
Ferguson, William, ref 1
Ferrovial, ref 1
Fidelity, ref 1
Fildes, Christopher, ref 1
Financial Conduct Authority., ref 1
financial crisis:
beginning of, ref 1
Darling updates Commons on, ref 1
government spending at start of, ref 1
insurers crack under weight of, ref 1
recessions follow, ref 1
spreads to UK high street, ref 1
studies and reports of, ref 1
Financial Services Authority (FSA), ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9, ref 10, ref 11, ref 12
‘Arrow’ reports of, ref 1
and auditors, ref 1
and RBS collapse, ref 1
RBS on watch-list of, ref 1
self-investigation by, ref 1
successors to, ref 1
and tripartite regulation, ref 1, ref 2, ref 3, ref 4, ref 5; see also Bank of England
Financial Times, ref 1, ref 2
First Active, ref 1
Fish, Larry, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9
chairs RBS Americas, ref 1
criticised, ref 1
pension of, ref 1
Fisher, Mark, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7
at Gogarburn opening, ref 1
moved to ABN Amro, ref 1
Fitch Ratings, ref 1, ref 2
Fleming, Ian, ref 1
Fletcher, Andrew, ref 1
Forbes, ref 1
foreign exchange, ref 1, ref 2
Formula 1, ref 1, ref 2
Fortis, ref 1, ref 2, ref 3
Fountain Workshop, ref 1
Franklyn Resources, ref 1
Freshfields, ref 1
Friedrich, Bill, ref 1, ref 2
Fuld, Dick, ref 1
Gaddafi, Muammar, ref 1
Gartmore, ref 1
GE, ref 1
George II, ref 1
George, Eddie, ref 1, ref 2, ref 3, ref 4
Gibson, Mel, ref 1, ref 2
Gieve, John, ref 1
Giles, Chris, ref 1
Gladiator, ref 1
Glass–Steagall Act, ref 1
global financial crisis, see financial crisis
Global Transaction Services, ref 1, ref 2
Glyn, Mills & Co., ref 1, ref 2
Goldman Sachs, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6, ref 7, ref 8, ref 9
Goodwin, Andrew (brother), ref 1
Goodwin, Dale (sister), ref 1
Goodwin, Fred:
affair of, ref 1, ref 2, ref 3, ref 4
after RBS, ref 1
and away days, ref 1, ref 2
bailout terms heard by, ref 1
Barclays hated by, ref 1
becomes Clydesdale CEO, ref 1
becomes RBS CEO, ref 1
birth of, ref 1
Brown compared to, ref 1
Brown likes, ref 1
Bush dinner guest, ref 1
and car dealership, ref 1
CDO presentation by, re
f 1
at CEOs–Darling meeting, ref 1
at CEOs meeting, ref 1
Chequers invitation to, ref 1
‘classic bully’, ref 1
cleanliness campaigns of, ref 1
at Clydesdale, see Clydesdale Bank
colleagues testify to abilities of, ref 1
cult status of, ref 1
at Darling 2008 meeting, ref 1
Darling visited by (2007), ref 1
document criticises management of, ref 1
early life of, ref 1, ref 2
extraordinary general meeting appearance of, ref 1
face-to-face firing disliked by, ref 1, ref 2, ref 3
first job of, ref 1
fixation on detail by, ref 1, ref 2, ref 3, ref 4, ref 5, ref 6
and Forbes, ref 1
‘Fred the Shred’ nickname of, ref 1, ref 2, ref 3, ref 4
and FSA, ref 1, ref 2
at Gogarburn opening, ref 1
Harvard study on, ref 1, ref 2
‘has shut out the world’, ref 1
Hester view of, ref 1
‘I want to be bigger than J. P. Morgan’, ref 1, ref 2
knighthood conferred on, ref 1
knighthood stripped from, ref 1, ref 2
losses of, ref 1
marriage of, ref 1, ref 2
Mathewson compared with, ref 1
Mathewson on, ref 1
Mathewson thinks of hiring, ref 1
Mathewson woos, ref 1
Mathewson rows with, ref 1, ref 2
media avoided by, ref 1
at Merrill Lynch conference, ref 1, ref 2, ref 3
at morning meetings, ref 1, ref 2, ref 3
moving-on rumours concerning, ref 1
newspaper diary items on, ref 1
obsessive nature of, ref 1
parliamentary committee appearance of, ref 1
pension of, ref 1, ref 2, ref 3, ref 4
private jet used by, ref 1, ref 2
private life of, attempts to block mention of, ref 1
and RBS acquisitions, ref 1, ref 2, ref 3, ref 4, ref 5
RBS arrival of, ref 1, ref 2
and RBS losses, ref 1
and RBS sports sponsorship, ref 1
and RBS ABN Amro bid, ref 1, ref 2, ref 3, ref 4
and RBS NatWest bid, ref 1, ref 2, ref 3, ref 4
removal of, from RBS, ref 1, ref 2, ref 3, ref 4, ref 5
remuneration of, ref 1, ref 2, ref 3, ref 4, ref 5
and royalty, ref 1, ref 2
Sants summons, ref 1
‘Save A Life’ award for, ref 1
schooling of, ref 1, ref 2
severance arrangements of, ref 1
staff terrified by, ref 1
and Sunday Times, ref 1
Telegraph story on, ref 1
and tie wearing, ref 1
‘total bastard’, ref 1
at university, ref 1
vandalism attacks on, ref 1
vast office of, ref 1
and vintage cars, ref 1, ref 2, ref 3, ref 4
‘world worst banker’, ref 1
see also Royal Bank of Scotland
