Tuesday, 10 February 2009

Bankers Face Questions

Today and tomorrow the House of Commons Treasury Committee will take evidence from some of Britain's top bankers. This is part of an inquiry into the banking crisis. Background on the inquiry (including transcripts of earlier evidence sessions) can be found at http://www.parliament.uk/parliamentary_committees/treasury_committee/bankingcrisis.cfm

The details of the hearings are: -

Tuesday 10 February, Thatcher Room, Portcullis House, at 9.45am
• Sir Fred Goodwin, former Chief Executive, Royal Bank of Scotland• Sir Tom McKillop, Chairman, Royal Bank of Scotland• Andy Hornby, former Chief Executive, HBOS• Lord Stevenson of Coddenham, former Chairman, HBOS

Wednesday 11 February, Wilson Room, Portcullis House, at 2.30pm
• Eric Daniels, Group Chief Executive, Lloyds Banking Group• John Varley, Group Chief Executive, Barclays• Stephen Hester Group Chief Executive, Royal Bank of Scotland• Antonio Horta-Osorio, Chief Executive, Abbey Bank• Paul Thurston, HSBC UK Managing Director

The sessions should be available live, and on archive at http://www.parliamentlive.tv/Main/Home.aspx
The bankers are likely to face an intensive grilling - particularly over bonuses; lax & risky lending practices in recent years; current lending to businesses and individuals.