FCA's Clive Adamson joins JP Morgan Private Bank

Sky News reported Adamson (pictured), who stepped down from the regulator late last year, is to take the non-executive role at JP Morgan International Bank following regulatory approval. He will also act as a senior adviser to the fund house's broader business, reviewing and making recommendations about "internal processes relating to a number of regulatory and risk issues". Adamson left the FCA in the wake of a report which criticised the regulator's handling of a media briefing about its upcoming probe of insurers' closed life policies. The regulator insisted at the time Adamson'...