Citigroup fined £61.6m over trader inputting error
A trader erroneously created an equity basket worth $444bn, of which $1.4bn made it to market before the order was cancelled
A trader erroneously created an equity basket worth $444bn, of which $1.4bn made it to market before the order was cancelled
While FCA CEO Nikhil Rathi reveals cost disclosure reforms will be announced before the end of the year
Also sets out rules to prevent bullying and sexual harassment in the industry
As Treasury also unveils a call for evidence on the regulation
30 changes to financial regulation outlined, including to ring-fencing rules and repealing EU laws
Paper suggests regulated reporting on diversity data, targets linked to remuneration and adjusted approaches to succession planning
FCA and PRA tackle green finance in consultation on climate change
Jes Staley has been slapped with a fine in excess of £600,000 for a breach of conduct in his attempts to uncover a 2016 whistleblower.
HM Treasury has named Sam Woods as deputy governor for prudential regulation and chief executive of the Prudential Regulation Authority, effective 1 July.