Regulation
LCM boss warns private credit firms: Don’t ‘screw it’ for everyone else
Paul Burdell fears ‘aggressive leverage’ and says the industry has not yet been ‘truly tested’
3 min read
FCA scraps plans for diversity and inclusion rules
Regulator’s U-turn comes as companies shift their stance on DEI
3 min read
Asset managers to raise ‘concerns’ over share buybacks in FCA probe
The City regulator has contacted seven banks as part of a probe into buybacks
2 min read
Jes Staley shared news on deals, pay and clients with Epstein, court hears
Lawyers say non-public information was shared regularly with the late sex offender as the ex-Barclays boss’s appeal against his ban continues
3 min read
City executives plot to buy AIM
A new group, which includes the bourse’s former head, is pressuring the London Stock Exchange Group to give up the growth market
3 min read
Barclays chair asked Andrew Bailey to ‘expedite’ Staley probe, court hears
Nigel Higgins called the now-Bank of England boss to discuss the fallout for the bank, Bailey says
2 min read
Bank of England hires consultants as it looks to slash costs
Threadneedle Street is looking for ‘efficiencies’ as its spending escalates
2 min read
FCA calls banks and insurers in latest harassment crackdown
Watchdog wants to know more after a landmark survey into non-financial misconduct
3 min read
UK’s private share trading plan will be a flop, says buyout veteran Jon Moulton
Pisces has come under criticism in recent weeks
3 min read
Banks should be wary on private credit tie-ups, FCA says
Raft of distribution deals in recent months could raise conflicts, according the official behind the regulator’s landmark review of private markets
2 min read
FCA warns private markets firms to manage valuation conflicts better
Regulator says there is ‘more to do’ after probing how unlisted assets are valued
3 min read
Hiring freezes and office closures: Inside the CMA’s race to balance its budget
The competition watchdog was forced to set up an exit scheme for staff after other measures failed to save enough costs, FN can reveal
Ex-Barclays CEO Staley tried to ‘minimise’ Epstein relationship, FCA says in court clash
Jes Staley starts legal battle over whether he made inaccurate statements about his relationship with Jeffrey Epstein
FCA review puts share buybacks under scrutiny
Banks can make big money running buybacks. Regulators want to know more
Trading Places: Waldron wins Goldman board seat, FCA’s Steward heads to Dubai
Find out who is on the move in the City and beyond
WhatsUp, boss: February’s diary
FN tours the lighter side of the City
3 min read
Can Europe’s markets compete again?
Reform might be simpler than we think
5 min read
Listing review boss Lord Hill: Why London’s markets needed change
One of the biggest names in European policymaking looks back on his landmark UK listings review whether regulators are to blame for some of London’s woes
7 min read
Bank of England director David Bailey: Cap on bankers’ bonuses was a bad idea
Threadneedle Street’s number two on prudential policy discusses government pressure to grow and why pay limits were a bad idea
5 min read
Private markets ‘will be high on the agenda for a long time’, says top Bank of England official
The City should expect continued focus on the sector, the Bank’s executive director for prudential policy warns
2 min read