The Latest Breaking News from FCA

Problems were raised by junior staff three years before they were completely resolved, says FCA

The lender, which has about three million UK customers, failed to check for money laundering on millions of transactions up to 2020.

FCA says financier showed reckless disregard for rules over inquiry into alleged sexual misconduct

The FCA said Mr Odey’s response to allegations of sexual misconduct breached its rules and ‘lacked integrity’.

Analysts forecast bank will have to halve £2bn buyback plan, as ex-boss of City regulator blames watchdog for crisis

After ‘secret’ commissions paid to dealers by lenders were ruled unlawful, billions might be available in compensation

Industry and Treasury hold urgent talks after court of appeal rules consumers were mis-sold loans

Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn

For at least a few days, the manufacturing facilities at FCA's large Detroit Assembly Complex—Jefferson will fall silent. Stellantis notified workers of a temporary shutdown and subsequent layoffs today, according to a report from Mopar Insiders. The shutdown will occur this week.