'Disappointed' Wheatley leaving 'unfinished business' at FCA

Outgoing Financial Conduct Authority (FCA) chief executive Martin Wheatley has said he is "disappointed" to be leaving the regulator and will leave behind a "sense of unfinished business".

Speaking at what will be his final annual public meeting at the financial services watchdog, the ousted CEO said he is "disappointed to be moving on and with a sense of unfinished business". Last week, the FCA announced Wheatley would be stepping down from his role as chief executive after four years from 12 September, but would continue to act as an adviser to the FCA Board until February next year. It later emerged the decision had come from the Treasury, with Chancellor George Osborne refusing to renew Wheatley's contract and saying "different leadership" was required at the helm o...