UK watchdog makes changes to boost competition in wholesale banking

UK watchdog makes changes to boost competition in wholesale banking
 

Britain's markets watchdog set out changes on Tuesday to how banks treat business customers, saying it will ban clauses that tie in clients, and change how companies are floated.
The Financial Conduct Authority (FCA) published its final report into competition in the investment and corporate banking market, confirming "remedies" outlined in an interim report in April.
"The universal banking model clearly works well for a wide range of participants but areas such as the use of restrictive contractual clauses, league table credibility and the allocation of shares in IPOs are... read more

 
18 October 2016 in Business, Views: 38
Source: Reuters
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31