FOUND: 2 - What They Never Told You

Senior UK bankers will get bonuses years earlier under plan to relax rules

PRA and FCA propose changes to bonus deferrals in bid to drive growth and improve UK competitiveness

The Guardian - UK · Nov 26, 2024

Top bankers to access bonuses quicker under plans to relax City rules

Proposed changes will see the period that bonus payments can be deferred for the most senior bankers reduced from eight years to five years.

The Independent UK · Nov 26, 2024

Barclays told to review leveraged finance as UK probes industry

It’s the first of many such reviews the regulator is expected to launch into leveraged finance, which has long been the financing method of choice for private equity

Evening Standard · Jun 14, 2024

Tories fuelling ‘greed is good’ with lift of cap on bankers’ bonuses, says TUC

As cap is lifted on Tuesday, unions claim Rishi Sunak is following Liz Truss’s footsteps

The Guardian - UK · Oct 31, 2023

UK financial regulators scrap cap on bankers’ bonuses

Bonus cap to end on 31 October, a move condemned by unions as an ‘insult to working people’

The Guardian - UK · Oct 24, 2023

Metro Bank agrees rescue deal with investors

Lender secures £325m capital from new and existing shareholders and £600m of debt refinancing

The Guardian - UK · Oct 8, 2023

Watchdogs need to be bold to boost diversity in the City

City Comment: The FCA and PRA’s words today are welcome, but progress has been slow

Evening Standard · Sep 25, 2023

Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’

In an exclusive interview, the head of the Prudential Regulation Authority talks about Credit Suisse, the gilt market meltdown – and stress-testing banks for the climate crisis

The Guardian - UK · Sep 24, 2023

Trump says ‘Clinton socks case’ gets him off the hook – what was it and is he right?

The case referenced by Mr Trump has nothing to do with the ex-president’s late cat — or the charges against him

The Independent UK · Jun 14, 2023

London’s financial dominance is under siege

City Voices: There’s a growing narrative that London is closing the door on business and our institutions are doing nothing to counter it. This vacuum is being filled by influential executive public anger.

Evening Standard · May 23, 2023