On-site visits form part of FSA strategy August 12, 2009 STUNG by criticism that it is being soft on City banks, the Financial Services Authority said yesterday it would shortly be starting on-site visits to look at individual contracts of City bankers. The visits are designed to ensure banks are not taking excessive risks when they draw up their bonuses policy. “We’ve got the toughest [...]
SWISS AND US REACH DEAL IN UBS TAX EVASION PROBE August 12, 2009 THE SWISS and US governments have reached a preliminary agreement in the long-running dispute about UBS clients suspected of tax evasion. US Justice Department attorney Stuart Gibson said the two sides had “initialled” a settlement, avoiding a potentially long and costly court case. The details of the deal were not released, although it is thought [...]
Leeds land ex-Quin Gomarsall August 12, 2009 RUGBY UNION: World Cup-winning former England scrum-half Andy Gomarsall has signed for Leeds. Gomarsall, who was released by Harlequins at the end of last season, has agreed a one-year deal with their Premiership rivals. The 35-year-old said: “I considered retiring, but when Leeds got in touch I jumped at the chance to come here.”
Cattermole joins Black Cats August 12, 2009 FOOTBALL: Sunderland last night completed the £6m signing of England Under-21 midfielder Lee Cattermole from Wigan. Cattermole has penned a four-year contract at the Stadium of Light, where he will again work under manager Steve Bruce, who signed him for Wigan from Middlesbrough last summer. The combative 21-year-old is in line to make his Black [...]
FSA AND TORIES AT WAR OVER BONUSES August 12, 2009 THE FINANCIAL Services Authority (FSA) and the Tories were at loggerheads last night over the regulator’s plans to reform bank bonuses. The FSA, which published its final remuneration code yesterday, faced claims that it had watered down its proposals in the face of pressure from City bankers. But the City watchdog hit back, saying it [...]
Quins chief is sorry for blood feigning saga August 12, 2009 HARLEQUINS chief Mark Evans has written to the club’s fans to apologise for the blood-feigning affair. Winger Tom Williams was banned for 12 months after being found guilty of faking an injury in against Leinster in April. “We have to accept we have been found guilty of behaviour that cannot be accepted or condoned and [...]
Harrington has mindset to defend US PGA title August 12, 2009 DEFENDING champion Padraig Harrington admits he may still be six months away from perfecting his swing, but the Irishman is confident of retaining the US PGA Championship this weekend. Harrington posted his best result of the year on Sunday, when he finished in a tie for second behind Tiger Woods at the WGC Bridgestone Invitational. [...]
Ramprakash tells England: I’m all yours August 12, 2009 MARK RAMPRAKASH last night issued a “come and get me” plea to the England selectors on the day his rivals for a batting spot in next week’s Ashes decider flopped on their county returns. The 39-year-old averages an impressive 100.75 with the bat for Surrey this season and is being strongly linked with a return [...]
Burley still buoyant as Scots crash August 12, 2009 SCOTLAND boss George Burley insists his team are still on course for a World Cup qualifying play-off spot despite crashing to a 4-0 defeat to Norway in Oslo. The Scots had defender Gary Caldwell sent off on 34 minutes for two bookable offences, prompting Norway to take control and open up a two-goal lead at [...]
Defoe brace rescues England August 12, 2009 HOLLAND (2) vs ENGLAND (2) ENGLAND boss Fabio Capello insisted he remained calm at half-time after substitute Jermain Defoe spared his side’s blushes in Amsterdam last night. Comedy defensive errors from Rio Ferdinand and Gareth Barry handed the Netherlands a 2-0 lead at the break before Defoe climbed off the bench to earn his side [...]
