“In spite of the UK and British regulatory regimes being overhauled and the upper echelons of RSA having had ample time to learn the lessons of the financial crisis, along with pretty much every other financial services business, it remains prone to this sort of catastrophe.” Photograph: Philip Toscano/PA

The explanation for why things went so badly wrong at RSA in Ireland is not contained in the statement released by the company in Friday. It details “(...)

Here’s a straightforward book about banks, their place in society and how they should be financed, written by two respected academic economists(...)