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The Latest Breaking News from FCA

Barclays chairman asked ex-CEO Staley about Epstein links, tribunal told

Nigel Higgins gave evidence at the Upper Tribunal on Monday.

Evening Standard

‘Bloody awful!’: Martin Lewis hits out at crypto scams costing victims dear

Crypto cons top the list of investment frauds, with Elon Musk also among the figures used in fake ads

The Guardian - UK

Andrew Bailey was accused by Barclays chair of having ‘destroyed’ Jes Staley, court hears

Nigel Higgins asked if FCA would drop investigation into Staley’s relationship with Epstein if CEO quit

The Guardian - UK

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Ex-Barclays boss had ‘close relationship’ with paedophile Jeffrey Epstein, according to Bank of England governor

The governor of the Bank of England Andrew Bailey gave evidence about Jes Staley’s relationship with Epstein

The Independent UK

Bank of England head had ‘clear impression’ that Staley was ‘close’ to Epstein

Andrew Bailey, who was chief executive of the Financial Conduct Authority from 2016 to 2020, appeared at the Upper Tribunal in London on Friday.

Evening Standard

Regulator pledges ‘swift action’ to support home ownership

Among the steps it is taking, the Financial Conduct Authority will open a public discussion on the future of the mortgage market in June.

Evening Standard

Vulnerable customers encouraged to seek support from financial services firms

The Financial Conduct Authority has highlighted examples of good practice by firms dealing with vulnerable customers and areas in need of improvement.

Evening Standard

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Barclays chair told FCA Staley ‘had no particular relationship’ with Epstein, court hears

Nigel Higgins said to have given assurances about CEO days after child sex offender Jeffrey Epstein’s death in 2019

The Guardian - UK

Jeffrey Epstein used lobbyist to push for Jes Staley to be Barclays CEO, court told

‘Project Jes’ planned to target high-level figures including George Osborne and Mervyn King, emails suggest

The Guardian - UK

‘High numbers’ of motor finance commission complaints seen by ombudsman service

The Financial Ombudsman Service said it is putting steps in place to ensure it can resolve motor finance commission gripes ‘as quickly as possible’.

Evening Standard

Ex-Barclays chief did not mislead FCA over Epstein relationship, tribunal told

Jes Staley is challenging the regulator’s previous findings.

Evening Standard

Ex-Barclays chief described Jeffrey Epstein as one of his ‘most cherished’ friends, tribunal hears

Jes Staley insists he did not mislead the Financial Conduct Authority over his relationship with Jeffrey Epstein

The Independent UK

Jes Staley received images of ‘mature women’ from Jeffrey Epstein, court hears

Lawyers for ex-Barclays CEO challenging FCA ban argue pictures were ‘innocuous’

The Guardian - UK

Former Barclays boss gambles on courtroom battle over ties to Epstein

Next week Jes Staley will challenge his ban from the City in a case that will reveal his conversations with the disgraced financier

The Guardian - UK

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The Independent UK

Former Barclays chief Jes Staley heads to court to clear name from associations to Jeffrey Epstein

American banker had a relationship with the now-deceased Epstein while working at JPMorgan Chase

Motor1

Carlos Tavares Earned an Absurd Amount of Money as Stellantis CEO

Carlos Tavares suddenly abandoned the Stellantis ship in December, even though his five-year contract wasn’t set to expire until early 2026. The first and only CEO of Stellantis had held the position since 2021, when Fiat Chrysler Automobiles (FCA) and Peugeot Citroën (PSA Group) officially tied the knot, finalizing their…

Fortune

Barclays ex-CEO Jes Staley mounts fight to distance himself from Jeffrey Epstein, contesting the UK regulator banning him from running a bank

The Financial Conduct Authority fined Staley $2.2 million and banned him from senior banking roles after finding he misled regulators about his relationship with Epstein.

Evening Standard

Giving entrepreneurs better mortgage and pension access ‘could boost economy’

Solving the ‘finance conundrum’ that entrepreneurs find themselves in could help to unlock growth to get the economy on track, the FSB said.

Get all your
news in one place.

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The Independent UK

Calls to make it easier for entrepreneurs to buy homes

‘Getting this right will enable entrepreneurs to do what they do best – innovate, adapt and create’

The Independent UK

Mortgage deals becoming more accessible in good news for first-time buyers

In the early months of 2025, lenders are racing to give the best deals to first-time buyers as the sales market gets off to a strong start. Latest data from Zoopla shows the year has kicked off with higher demand that in 2023 or 2024, as property value growth also…

The Independent UK

Women are more likely than ever to invest. Here’s six tips to get started

New data shows some women are powering ahead as investors

The Guardian - UK

UK lenders paid car dealers cash upfront that may have led to costlier loans

Exclusive: ‘Advance commissions’ said to total millions of pounds allegedly pushed customers to certain providers

International Business Times

Barclays Faces Money-Laundering Investigation

It acknowledged that watchdog Financial Conduct Authority is examining whether the bank's UK division had broken any laws by being too lax

Evening Standard

Government expresses support for FCA proposal to review mortgage rules

The Government said it wants the Financial Conduct Authority review to be as ambitious and rapid as possible to help people achieve homeownership.

inkl

Outlook for Defined Contribution (DC) Pensions in 2025

As we enter a year of consultations and regulatory change for DC schemes, TPT’s Philip Smith discusses their impact on the future of workplace pensions in the UK.

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