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Regulator bans ex-RBS libor submitter

FCA Logo

The Financial Conduct Authority (FCA) has banned Paul White from performing any function in relation to any regulated financial activity and publicly censured him. Were it not for Mr White’s serious financial hardship, the FCA would have fined him £250,000 ($357,575).



London Canary Wharf

City jobs tumble

​Job openings in the City dried up over the summer as finance firms put hiring on hold while they assess the damage of the UK's vote to leave the EU, according to new research.

Deutsche Bank - External

Deutsche Bank woes spark political concerns

Deutsche Bank’s finances, weakened by low profitability and mounting legal costs, are raising concern among German politicians after the U.S. sought $14bn to settle claims related to the sale of mortgage-backed securities.

Number One

Goldman retains commodities crown

Goldman Sachs retained its crown as the bank with the largest commodities revenue in the first half, while lenders saw their worst income from natural resources in at least a decade.