Andrew Bailey to take over in July
The former chief executive of The Co-operative Bank yesterday accused his successors of taking their "eye off the ball" ahead of the lender's failed bid to buy more than 600 Lloyds branches, a move which exacerbated a £1.5bn capital hole in its accounts....
People who engage in risky activities in the financial services sector should be forced to take on unlimited personal liability as a deterrent to bad practice, according to the boss of Hermes.
Chief executive of the Prudential Regulation Authority (PRA), Andrew Bailey, has said it is "more than odd" that the top bosses in control of failed banks have avoided formal charges.
Andrew Bailey has been named as the chief executive of the Prudential Regulation Authority (PRA).