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City firms travelling to Saudi deny it's to woo oil giant Aramco

Oil Drums

A number of City firms including PwC, Standard Life Aberdeen and the London Stock Exchange (LSE) will be travelling to Saudi Arabia this weekend along with the City of London’s Lord Mayor – but have denied that persuading oil giant Saudi Aramco to list in London will be on the agenda.

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Questions remain over the FCA inquiry into RBS

A bad look for a regulator is to appear afraid of the people it is regulating. That is where the Financial Conduct Authority, fairly or not, now finds itself. It chose not to publish the high-profile report into Royal Bank of Scotland’s handling of 6,000 small and medium-sized businesses because it feared being sued.

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