Here's a run down of the key figures who ran the Financial Services Authority (FSA) during its tenure as City watchdog.
Sir Howard Davies Who? It's almost a decade ago now, but the words of Sir Howard Davies, the founder of the modern FSA and its first chairman, could have been spoken by any one of his successors: "The biggest disappointment of my time [here]," he said, "has been the failure of firms…to learn the lessons of past mis-selling." Davies began his career as Audit Commission controller before roles with the CBI and Bank of England steered him toward a six-year stint as executive chairman of the FSA. His was a tough assignment: the near-collapse of Equitable Life happened on Davies's watch, thoug...
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