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New FCA boss: Time to end banker-bashing

Boxing Gloves

Banker-bashing: it's one of the UK's favourite hobbies. But now the soon-to-be boss of the Financial Conduct Authority (FCA), Andrew Bailey, has said it's time to start using the carrot, rather than the stick.

Probe into one of C Suisse's wealth managers widens

Credit Suisse Tower

Geneva prosecutors are widening their probe into Credit Suisse and one of its ex-wealth managers, identifying another three former employees as suspects in a case looking into unauthorized trades on the accounts of rich eastern Europeans, according to two people familiar with the investigation.