Corruption

The tale of Credit Suisse ought to be Buddenbrooks on steroids. A staid Swiss lender enters marriage with a racy Wall Street investment bank and gives birth to a monster. Scandal follows scandal. CEOs come and go. In March 2023, the bank ends up being flogged to its arch rival UBS for a miserly $3 billion. Inside Credit Suisse, the backstabbing and treachery were more suited to a medieval court Duncan Mavin is well placed to tell this corporate horror story, having written a book about one of Credit Suisse’s most notorious clients, Lex Greensill, an Australian melon farmer turned fintech champion. Greensill Capital, which employed David Cameron as a

The gifted writer Graeme Macrae Burnet makes a mockery of the genres publishers impose on credulous readers. The author of two ostensibly literary novels (both longlisted for the Booker prize), Burnet has also written a trilogy of self-declared thrillers. Yet the concluding volume, A Case of Matricide, demonstrates literary talent of the highest order. It features the same protagonist as in the two earlier volumes – Inspector Georges Gorski, chef de police in Saint-Louis, a provincial French town near the Swiss border. Divorced from his wealthy wife, whose father is the corrupt and powerful mayor of Saint-Louis, Gorski lives rather sadly with his mother, who suffers from increasing dementia. He

A better title for this book might have been ‘Lula: A Drama’. In the first of two long- anticipated volumes, Fernando Morais has delivered an unconventional but riveting account of the key moments of tumult in the career of Brazil’s President Luiz Inácio Lula da Silva (2003-11; 2023-present). A veteran journalist, Morais is clinical in his detail of the underground union gatherings, abject poverty and family tragedy which formed Lula. He brings São Paulo’s working-class culture to life throughout, with popular car brands, pop songs and sessions of cachaça and gin rummy ever present. Lula’s upbringing was marred by hardship. Born in poverty in 1945, with a brutal, bigamist father,

Imagine: it’s 16 December 2004 and you are a middle-ranking banker living in Moscow – prosperous but ordinary, a long way below oligarch level. You are looking forward to a New Year’s trip with your family to Prague – the hotel is booked; your young son is excited. Your phone rings while you are at lunch: an investigator whom you’ve never heard of asks you to come and answer a few questions. You ask if tomorrow will do. ‘No, you must come today,’ insists the caller. ‘It’ll take around 20 minutes.’ What do you do? If this were the beginning of a thriller, Vladimir Pereverzin would have instantly made his

The Philippines is the odd man out in Asia, a predominantly Catholic country colonised first by Spain, then the United States. An archipelago with more than 2,000 inhabited islands on the cusp of the Indian and Pacific oceans, its strategic location is obvious. Yet it receives scant coverage in the British media beyond its natural disasters, the flamboyance of its leaders, whether Imelda Marcos or Rodrigo Duterte, and its long-running Marxist and Muslim insurrections. On a more mundane level, our encounter with its people will most likely be through the care they provide within the NHS. Philip Bowring, a former editor of the Far Eastern Economic Review, for many years

NoViolet Bulawayo’s first novel We Need New Names, shortlisted for the Booker in 2013, was a charming, tender gem, suffused with the guileless hilarity of children and the shock of tragedy in Zimbabwe, the author’s birthplace. Her follow-up, Glory, features animals as characters. I was initially mystified. Who would try to match Orwell’s allegorical masterpiece Animal Farm? Art Spiegelman succeeded in Maus, his graphic novel about the Holocaust, but each species represented one race, so the symbolism packed a punch – German cats hunting Jewish mice. Here the species are often random, apart from the savage dog police. But the use of animals at least lends humour to a heavy

The war in Ukraine has turned a lot of people’s attention to oligarchs in the UK. How did these guys all end up in London, seemingly owning half of Belgravia? In Butler to the World, Oliver Bullough offers an answer. I read his earlier work Moneyland slack-jawed at the blatant – and mundane – techniques employed to register UK Ltd companies through frontmen and use them to launder money. I thought the middle men would be glamorous and slick, not running a website from an office above a chip shop. In this work Bullough looks at the bigger picture: the way Britain became the destination of choice for so many

‘One morning in late October 1988,’ begins The Long Song of Tchaikovsky Street, ‘this dapper-looking guy from Leiden asked me if I might be able to deliver 7,000-odd Bibles to the Soviet Union.’ It’s the kind of line you might hear in a bar when you accidentally catch the eye of the resident storyteller — a tale so implausible it could just be true. Where on the scale between fact and fiction Pieter Waterdrinker’s memoir lies is impossible to tell, and beside the point: his engrossing 400-page account of post-Soviet disorder grips you and doesn’t let go. We meet the author — who may be the successful Dutch novelist himself,

One of the best episodes in Wole Soyinka’s third novel (his first since 1973) takes place not in Nigeria but in Salzburg. An engineer-turned-entrepreneur has died in hospital there after a bomb attack back home. His grasping clan descends from Lagos to parade their last respects — and stake their claims. The drive to the cemetery triggers a ‘torrent of eulogies to Austrian horticulture’. In a ‘concerted sibling gush’, plutocratic relatives swoon over the contrast between these clean, green vistas and the choking inferno of Lagos — an urban nightmare aggravated by their own mercenary scams. Soyinka’s characters often hide behind such ‘straw masks’ of pretentiousness, hypocrisy and fakery. The

Tim Parks is a seasoned, incisive observer of football, the railways, work, domestication and plenty more in his adoptive country of half a lifetime. What is, what ought to be and the machinations in the delta between provide much of his material. In this tale of two countries in one, bright, hard-working Valeria leaves Basilicata in southern Italy to study communications and marketing at a private university in Milan — shiny subjects in a city of business a long way from home (the same distance could take her to Tunis or Belgrade). She arrives laden with bread, pastries, fruit and wine, given to her by three aunts at railway stations

In the past year alone, Russia-watchers have been treated to books entitled The Code of Putinism; Putin’s World; Putin vs the People; The Putin System and We Need to Talk About Putin — just to mention the ones with Putin’s name in the title. In addition, Robert Service’s Kremlin Winter, Sergei Medvedev’s The Return of the Russian Leviathan and Andrew Monaghan’s Dealing with the Russians have also offered their own insights into the history, politics and future of Putin’s Russia. In this crowded field, is there a place for Putin’s People? Happily, there is. Catherine Belton is a former Moscow correspondent for the Financial Times — and before that worked

Picture India in 1991. You need to make several trips to Delhi and wait three years to import a computer. Coca-Cola is contraband; there is a 22-month waiting list for a car, and an interminable queue for admission to the exclusive club of telephone owners: there are only five million active connections in a country of 900 million people. Post-colonial India elevated suspicion of private business into a public virtue. But with the collapse of the Soviet Union, which maintained a vital $6 billion trade relationship with India, the rhetoric of economic self-reliance and political non-alignment became insupportable. All that stood between India and bankruptcy when the government was compelled

Sullying the glorious sunshine, sand and sea, Miami in the 1940s, when I first ventured there, was already overcrowded, vulgar and exorbitant. It got a lot worse. By the early 1980s, the period to which this sensational criminal history is devoted, it had become the capital of Cubans in exile and America’s most prosperous cocaine entrepot, where the annual murder rate was more than 300. Attempts to impose law and order were handicapped by corrupt police, a corrupt judiciary and corrupt juries. Over many years of intimate investigation of Miami at its nadir, Roben Farzad has succeeded in overcoming the formality of his Ivy League education (Princeton and Harvard) so