UK Bank’s IT Disaster Enters 2nd Week, Contagion Fears Rise by Don Quijones • Apr 30, 2018 • 28 Comments “This turned what was a super-hard systems job [into] a clusterfuck in the making.”
UK Bank’s Tech Chaos Blocks Customers from Their Funds: Day 5 by Don Quijones • Apr 24, 2018 • 30 Comments But Spanish parent, Banco Sabadell, proclaimed triumphantly to its Spanish audience that the botched IT transition was a resounding success.
After a String of Corporate Scandals & Collapses, “Big Four” Accounting Giants Face Breakup in the UK by Don Quijones • Apr 9, 2018 • 19 Comments UK regulators may be on the verge of doing something right, but doubts remain over how genuine their stated intentions are.
UK Vows to Crack Down on Money Laundering: What Will This Do to the Property Bubble? by Don Quijones • Mar 30, 2018 • 34 Comments The London property market is already in trouble.
Was Carillion’s Collapse the Beginning of the End for UK’s Outsourcing Sector? by Don Quijones • Mar 21, 2018 • 23 Comments Two large British outsourcers are also on the verge of collapse, and the vultures are circling.
“It’s Not only Carillion that’s Built on Sand, it’s our Whole System of Corporate Accountability” by Don Quijones • Feb 25, 2018 • 51 Comments The construction & services giant collapsed even as KPMG signed off on its financial statements; now they deny any responsibility.
RBS Forgery Scandal Metastasizes Days before Crucial Earnings Report by Don Quijones • Feb 20, 2018 • 20 Comments The bailed-out megabank hasn’t had a single year in the black since 2007.
Another Big British Bank Lands in Deep Trouble by Don Quijones • Feb 13, 2018 • 26 Comments Barclays faces a criminal trial in the UK. Last week it was RBS.
Nuclear Follies in the UK: in Search of High-Cost Power without Strategy at the Wrong Time by Leonard Hyman and Willian Tilles • Feb 7, 2018 • 28 Comments Then there is the issue of long term predictions.
Bailed-Out RBS Systemically Forged Customer Signatures: Whistle-Blowers by Don Quijones • Feb 6, 2018 • 40 Comments Small-business customers suffered most at the bank’s hands.