The former officer failed to communicate openly with the Financial Conduct Authority amid growing concerns about the firm’s synthetic credit portfolio in 2012
The unit aims to help those who want to start a new bank in the U.K. navigate the regulatory process
The revisions are intended to strengthen investor protection and increase market resilience
U.K. regulators are trying to prompt consumers to shop around for insurance through a behavioural “nudge”
Greater competitiveness could boost industry inflows
U.K. consultation paper calls for feedback on supporting new technology to help financial firms meet their regulatory obligations
RBS measure aims to rebuild trust by ensuring that employees in branches and call centres are solely focused on customers’ needs
The study will aim to understand exactly how asset managers compete to deliver value
The goal is to enhance financial services innovation
The central bank’s new approach would force banks to build up capital in times of perceived low risk, Fitch report finds