The board at Barclays was told in February that the relationship between the bank's senior management and the FSA had "broken down", according to the chairman of the Treasury Select Committee.
Speaking during a three-hour grilling of former Barclays CEO Bob Diamond yesterday, committee chair Andrew Tyrie said senior figures at the FSA informed the board in February that Diamond and his management...
Zero-tolerance approach to ailing companies
There are some long-standing practices in the asset management industry which are clearly ripe for review. However, removing past performance data from key funds documents appears a dangerous step and one likely to create worse outcomes for consumers.
"Sluggish" Modi faces continued criticism
Trades on rplan.co.uk platform up 175% in days after vote
Blue chips up 3% as PM Cameron heads to Brussels