Martin Vander Weyer Martin Vander Weyer

Farewell to the City’s stroppy regulator: a modest sop for the new bank tax

Plus: BT’s bigness problem; interesting times for metal-traders; and Franz Lehár’s take on the euro crisis

issue 25 July 2015

A City insider at last month’s Mansion House dinner told me the Financial Conduct Authority had become ‘a bit of an embarrassment’ — or rather, that was my bowdlerisation of what he actually whispered. So it comes as no surprise that FCA chief executive Martin Wheatley has resigned, having been told by the Chancellor that his contract would not be renewed.

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