The cross-channel brawl that has broken out between London mayor Boris Johnson and a French central bank official has everything a British tabloid editor loves: colorful protagonists, money, national pride and a favorite adversary – the French. While it’s tempting to read the story as a blunder by the French, it’s a calculated move, and […]

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Peter Sands, CEO of U.K. bank Standard Chartered, got to live the fantasy of every bank CEO whose institution is accused of wrongdoing by regulators.  He hit back.  You could almost hear the cheering erupt from Wall Street and the City of London.  But will his defense hold?

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