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The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

Crispin Odey loses appeal against lifetime ban from UK financial services industry

Crispin Odey walking outside
Crispin Odey during his appeal hearing in March, where judges say he ‘expressed no contrition’. Photograph: Bloomberg/Getty Images

The former hedge fund boss Crispin Odey has lost a legal challenge to overturn his lifetime ban from the City for trying to “frustrate” investigations into sexual harassment allegations against him.

A ruling by judges at the upper tribunal upheld the ban imposed by the Financial Conduct Authority (FCA) in March last year, while reducing a proposed fine of £1.83m to £1.53m.

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