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The dinner where laissez-faire banking died

Plus: Why HSBC is wrong to contemplate bringing back the Midland

20 June 2015

9:00 AM

20 June 2015

9:00 AM

Last week’s deadline did not allow me to report from ringside at the Mansion House dinner, but there was so much to observe that I hope you’ll forgive a late dispatch. What a vivid guide to City psychology and precedence it offered.

In the anteroom, Lord (Jim) O’Neill, the Treasury’s new Northern Powerhouse minister, could be seen chatting to ex-BP chief Tony Hayward, now chairman of mining giant Glencore Xstrata.

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