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And he made a lot of inquiries into private banking
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The Spider's Web: Britain's Second Empire

And he made a lot of inquiriesinto private banking, asking question to the bankers

And he made a lot of inquiries
into private banking, asking question to the bankers

Full Transcript

00:00:01.000 --> 00:00:05.096
And he made a lot of inquiries into private banking,
00:00:05.096 --> 00:00:08.172
asking question to the bankers.
Duration
9 seconds
Views
17
Timestamp in Movie
00:43:58
Uploaded
Oct 30, 2025
Genres
documentary
Production
N/A

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Movie Summary

How Britain transformed from an imperial power to a financial power.
What do you think the percentage is among your clients - The Spider's Web: Britain's Second Empire 00:11
What do you think the percentage is among your clients
The answer was, "I believe that 99.9% - The Spider's Web: Britain's Second Empire 00:15
The answer was, "I believe that 99.9%
This is American bankers telling what they are doing. - The Spider's Web: Britain's Second Empire 00:05
This is American bankers telling what they are doing.
And it's exactly the same thing with UK bankers, - The Spider's Web: Britain's Second Empire 00:15
And it's exactly the same thing with UK bankers,
(solemn music) - The Spider's Web: Britain's Second Empire 00:16
(solemn music)
Legitimate financial activity has no need - The Spider's Web: Britain's Second Empire 00:13
Legitimate financial activity has no need
Today, close to half of the world's secrecy jurisdictions - The Spider's Web: Britain's Second Empire 00:08
Today, close to half of the world's secrecy jurisdictio...
In public, these jurisdictions claim they are transparent, - The Spider's Web: Britain's Second Empire 00:11
In public, these jurisdictions claim they are transparent,
- Our economy is not based on secrecy. - The Spider's Web: Britain's Second Empire 00:06
- Our economy is not based on secrecy.
It's based on a sound regulatory environment. - The Spider's Web: Britain's Second Empire 00:06
It's based on a sound regulatory environment.
It's based on good governance and good government - The Spider's Web: Britain's Second Empire 00:10
It's based on good governance and good government
That's what our financial institutions are based on. - The Spider's Web: Britain's Second Empire 00:06
That's what our financial institutions are based on.
- Well, tonight, we have a response from the head - The Spider's Web: Britain's Second Empire 00:14
- Well, tonight, we have a response from the head
Finance chairman, Mr. Richard Coles, - The Spider's Web: Britain's Second Empire 00:15
Finance chairman, Mr. Richard Coles,
- When I went to the Cayman Islands, back in 2008, - The Spider's Web: Britain's Second Empire 00:08
- When I went to the Cayman Islands, back in 2008,
He said, "Okay, we have had an order from on high - The Spider's Web: Britain's Second Empire 00:07
He said, "Okay, we have had an order from on high
"You are off limits." - The Spider's Web: Britain's Second Empire 00:14
"You are off limits."
- The author of a series of international media reports - The Spider's Web: Britain's Second Empire 00:08
- The author of a series of international media reports
Mr. Travers recently called Nicholas Shaxson an imbecile - The Spider's Web: Britain's Second Empire 00:09
Mr. Travers recently called Nicholas Shaxson an imbecile
Now the politics of envy are exacerbated - The Spider's Web: Britain's Second Empire 00:10
Now the politics of envy are exacerbated