There is an interesting debate as to whether the role of a regulator is to try and set price in an industry, or just ensure the orderly activity of market participants.
I assume the Financial Conduct Authority (FCA) might argue that 'orderly activity' encompasses price if it thinks there is not enough price competition and this is somehow affecting the market. This...
McGhee joins from banking trade body
Our video series continues
Historic levels of M&A
Brent Crude fell 0.8% to $53.51 a barrel
Largest firms applying fee caps