There are times when a general practitioner is simply not enough. We need a surgeon

We would be deluding ourselves if we thought that there had ever been a ‘golden age’ of financial services. Before ‘Big Bang’, matters were opaque to say the least. Some people made a lot of money from their mysterious ‘something in the City’ roles, but whether their activities would have been seen as entirely above board by today’s standards is doubtful. Insider dealing in many areas was commonplace. Nonetheless, there were honourable people going about their daily jobs, acting in the very best interests of their clients and conducting themselves with consummate professionalism, just...