Blogs and advice from Industry leading Specialists
Valuable Opinions, Comments & Gossip
Financial related News & Articles relating to Spain
Latest News, Stories
& Hot Topics
Various Tools & Widgets to help with your financial needs
Tools & Widgets to
help with finances
Polls, Surveys and Opinions featured throughout Tumbit
Featured Polls, Surveys & Stats
Discussions, Advice & Topical Chat
Discussions, Advice & Topical Chat

FSA set to vet bank directors - report

Source: Reuters - Fri 2th Oct 2009

The Financial Services Authority aims to have a regulatory committee operating by the end of the year to vet the appointment of directors to banks, the Financial Times reported in its Friday edition.

Citing people close to the process, the newspaper said experienced bankers such as former Lloyds chief executive Sir Brian Pitman and former Barclays chairman Sir Peter Middleton have been lined up to serve on the committee.

The idea follows a recommendation in the Walker review, the government-commissioned report on bank governance authored by Sir David Walker, who could himself be a candidate for the committee, it added.

Comment on this Story

Be the first to comment on this Story !!

Recommended Items