‘Welcome to Planet Banker, a surreal place where a seeming lack of oxygen seems to affect the eye-sight and hearing of the inhabitants.
Yesterday’s conference call with HSBC to discuss their latest extraordinary disasters – half year results, they prefer – took place on this curious planet, a place that gets stranger by the week.
On Planet Banker accidents happen, mistakes even. But they never directly involve the people in charge. The directors express deep regret and say that they are taking full responsibility, but somehow can’t see that this is a far cry from actually taking it.’