Clive Horwood

CLIVE HORWOOD IS MANAGING EDITOR AND DEPUTY CHIEF EXECUTIVE OFFICER OF THE OFFICIAL MONETARY AND FINANCIAL INSTITUTIONS FORUM

Voters exit a polling station in London.

UK electoral system in dire need of reform

Extraordinary UK election result shows how broken it is

Credit Suisse’s decline resembles that of a former champion boxer who has simply taken too much punishment.
THE BOTTOM LINE

Punch-drunk Credit Suisse was fated to fall

You can’t regulate for the evaporation of trust