nebusiness.co.uk - Tag - financial services authority

Sir Fred Goodwin criticism was removed from FSA report

nebusiness.co.uk — Wed, 25 Jan 2012 08:04:00 GMT

A DIRECT criticism of Sir Fred Goodwin in the Financial Services Authority's report on the near-collapse of RBS was removed after a final draft was shown to the former banking boss's lawyers.

Poor due diligence blamed for RBS failing

nebusiness.co.uk — Mon, 12 Dec 2011 08:20:00 GMT

A "HANDS-OFF" regulatory regime and poor due diligence have reportedly been cited as key reasons for the failure of Royal Bank of Scotland just over three years ago.

Shake-up won’t give me too much power - King

nebusiness.co.uk — Fri, 04 Nov 2011 00:00:00 GMT

BANK of England Governor Sir Mervyn King has denied he is being given too much control under a shake-up of the financial regulatory system.

Needing to know collapse will never happen again

nebusiness.co.uk — Mon, 31 Jan 2011 00:04:00 GMT

SOCIETY needs assurances from British banks that a financial collapse will never happen again, the chairman of the City regulator has warned.

FSA fines former Northern Rock finance chief

nebusiness.co.uk — Wed, 28 Jul 2010 07:30:00 GMT

A FORMER Northern Rock finance chief has been handed a six-figure fine for his part in the manipulation of mortgage arrears figures.

Scottish & Newcastle caught up in huge insider trading inquiry

nebusiness.co.uk — Tue, 30 Mar 2010 07:40:00 GMT

THE UK's biggest investigation into insider trading in the City of London has looked at chains of people allegedly making as much as £20m from dealing in the shares of companies including Scottish & Newcastle.

460 more jobs as FSA gets tough

nebusiness.co.uk — Thu, 18 Mar 2010 04:00:00 GMT

THE City regulator has revealed that it will hire an extra 460 staff to toughen up supervision of the financial sector.

Controversial FSA head to stand down

nebusiness.co.uk — Wed, 10 Feb 2010 08:07:00 GMT

THE head of City watchdog, the Financial Services Authority, is to step down in the summer after three increasingly controversial years in the job.

Bankers 'have not learned lessons'

nebusiness.co.uk — Tue, 10 Nov 2009 08:10:00 GMT

THE head of the City watchdog said bankers had failed to take responsibility for the financial meltdown as he made a new call for reform in the industry.

Banks get warning on big bonuses

nebusiness.co.uk — Mon, 10 Aug 2009 09:53:00 GMT

THE head of the City watchdog warned banks against a return to the days of risk-fuelled bonuses yesterday as the regulator prepares to lay out new strictures on pay.