Mark Dampier, head of research at Hargreaves and one of Woodford’s loudest cheerleaders, cashed in £600,000 of shares in the company last month. His wife, Annette, sold £5m.
Jonathan Davidson, director of supervision of retail and authorisations, said the FCA was aware of an increase in cases where CMCs submitted claims in the names of "fictitious" customers or acted on behalf of a consumer without consent or letter
Under the plan, the European Commission is assessing cases between 2012 and 2018 with the aim of producing a report this summer that identifies the factors that contributed to the banks’ failure in preventing financial crime.
Speech by Nick Cook, Director of Innovation at the FCA, delivered at the 6th Central Bank Executive Summit
Libor prices in fluctuations in the perceived credit quality of banks, whereas for many users, alternative risk free reference rates are better reflections of the general level of interest rates.