FCA

Investment consultants investigated by UK competition watchdog

In the first ever request of its kind, the UK's financial watchdog formally referred investment consultants to the Competition and…

The UK’s financial watchdog wants to review overdraft charges – here’s how much UK banks make in fees

The UK’s financial watchdog, the Financial Conduct Authority (FCA) wants to overhaul the way banks implement unplanned overdraft charges. In…

UK suspicious trading activity before takeover announcements remains at almost 20 percent

Suspicious trading activity ahead of public takeover announcements remained at a high of almost 20 percent in 2016, according to…

Wonga’s data breach is not the company’s first setback

Wonga, the British payday loan firm, suffered a data breach affecting up to 245,000 UK customers over the weekend. A…

PPI isn’t dead — people still want protection on loans

It might seem surprising but banks are still selling payment protection insurance (PPI). Despite the bottom line for the PPI mis-selling…