Category: Financial Conduct Authority


Open Letter To Scotland’s First Minister From Brave RBS GRG Victim Mr & Mrs Henderson

Exclusive From The Excellent Kam Sandhu at Real Media @KamBass @RealMediaGB 2/3/2016 AN OPEN LETTER TO NICOLA STURGEON ON RBS PROSECUTION 2 March 2016 Below we publish an open letter sent today by Nigel Henderson to Scottish First Minister Nicola Sturgeon.  Nigel Henderson…

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SFO rejects claim that it ignored tip-offs

The SFO recently asked the Treasury for £21 million to continue its current investigations Harry Wilson City Editor Published at 12:01AM, February 8 2016 A row has erupted between the Serious Fraud Office and one of London’s leading law firms…

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Former RBS chiefs now control half the ‘challenger banks’ earmarked to reform Britain’s finance industry

Exclusive: Market figures say former RBS coterie carry disproportionate weight in sector’s dealings with the Government James Moore Associate Business Editor @TheIndyBusiness Friday 5 February 2016 “We don’t need smaller versions of the same toxic banking culture, which refuses to act in the interests…

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Former RBS boss Stephen Hester set for £500,000 payout from bailed-out bank – more than two years after he left

RBS also set to confirm it awarded Hester £1.7million in shares last March Hester’s total pay over five years will hit around £13million  Former Royal Bank of Scotland boss Stephen Hester is on course for a final payout from the…

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£12BILLION… The slump in profits from the taxpayer bailout of the banks in just seven months

By Alex Hawkes Financial Mail On Sunday PUBLISHED: 21:56, 6 February 2016 | UPDATED: 13:34, 7 February 2016 Grim: George Osborne claimed in June that the Treasury’s original stakes in RBS, Lloyds, Northern Rock and others would yield a £14…

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HSBC poised for climbdown on threat to leave

The Sunday Times Aimee Donnellan Published: 7 February 2016 Giant bank set to abandon plans to quit London for Hong Kong after Osborne’s olive branch and turmoil in China Decision time: Canary Wharf or Hong Kong for HSBC HQ? (Getty)…

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More than £40bn wiped off value of UK’s biggest banks since start of year in blow to millions of investors and pension savers

More than £40bn has been wiped off the value of the UK’s biggest banks since the start of the year in a blow to millions of investors and pension savers. While all eyes have been on the rout in the…

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Banker who won £3.2m following employment tribunal sues former colleagues for libel

The Telegraph By Agency 11:17AM GMT 26 Jan 2016 Banker who won a £3.2 million payout after suffering a mental breakdown is now suing two of her male former colleagues for libel A banker who won a £3.2 million payout after suffering…

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Jail Crooked ‘Fat Cat’ Bankers Don’t Reward Them!

Campaign created by Scott Simpson 10-1-2016 TO: GEORGE OSBORNE Restart the Financial Conduct Authority Investigation into Banking Culture Why is this important? We The TAXPAYERS Need to Change UK Banking Culture and STOP Product Mis-selling, Dodgy Loans, LIBOR Rigging and Huge…

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Corporate FatCat’s Beware

Evening Standard Martin Bentham Wednesday 6 January 2016 Fraud chief calls for tougher corporate prosecution laws Reforms: Serious Fraud Office chief David Green says large businesses with a culture of criminality are “not being brought to justice” Prosecutors should have US-style…

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