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Financial Conduct Authority News

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Barclays today confirmed it was under investigation along with its CEO Jes Staley over his attempts to uncover the identity of a whistleblower within the British financial giant.
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British and Chinese securities watchdogs are discussing an agreement that will pave the way for landmark financial services projects between the countries, sources said, easing fears that Britain could be a less attractive partner for such deals after last month`s vote to leave the European Union.
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 Britain`s markets regulator is seeking to ban former UBS trader Arif Hussein from financial services for allegedly attempting to rig Libor benchmark interest rates - a move described by Hussein as a "gross misrepresentation"
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The Financial Conduct Authority said Barclays rushed through a huge 1.88-billion pounds transaction in order to secure fees from a number of very rich customers.
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The head of Britain`s Financial Conduct Authority has decided to step down, the financial market regulator said on Friday.
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US and British regulators fined Deutsche Bank $2.5 billion and its British subsidiary pleaded guilty to criminal wire fraud on Thursday as it became the eighth financial group to settle allegations of rigging interest rate benchmarks.
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German lender Deutsche Bank has been fined more than £4.7 million (USD7.8 million, 5.9 million euros) for incorrectly reporting some financial transactions, regulators said on Thursday.






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