Gillian Tett looks beyond yesterday's Today item on "jurisdiction shopping" by banks. She warns there is an unintended consequence of the current worldwide desire to bash the bankers. Legislators in key countries are busy unilaterally changing internationally-agreed rules. Unfortunately, Tett says, this makes it more likely that practices illegal in one country but legal in another will be used to cover up looming catastrophes in the capital markets.
We are delighted to announce that the shortlisting panel has chosen the following three students to face the scholarship panel on Wednesday. Congratulations to Sara Malm, Daniel May and Melanie Wimmer.
Many thanks to everyone who took the time to submit applications.
Tim and I will be available to brief the shortlisted applicants about the final stage of the process, which takes on Wednesday.
Congrats guys, and good luck!
Ditto, well done everyone :), best of luck.