Hints and tips:
...Over a decade later, Brooke Masters has been forced to revise her opinion....
...brooke.masters@ft.com...
...A handful of well-known individuals have been fined by the FSA – including David Jones, former finance director of Northern Rock, and Peter Cummings, former head of corporate banking at HBOS....
...Mr Cummings and his legal team said the FSA “singled me out” and failed to investigate the other board members....
...The regulator personally rapped Mr Cummings for leading a “culture of optimism”....
...The moves against Peter Cummings, the former head of corporate lending at HBOS, is one of the first major enforcement actions by the UK regulatory watchdog to arise from the financial crisis....
...The FSA closed its investigation of HBOS in September by fining and banning Peter Cummings, head of the corporate division. A full report on why HBOS collapsed is expected in the middle of 2013....
...However, Chris Cummings, chief executive of TheCityUK advocacy group, said the UK should do more to seek out and promote candidates from the City of London for key EU posts....
...TheCityUK, a new body formed to promote Britian’s financial services sector abroad, has named Chris Cummings of the Association of Independent Financial Advisers as its first chief executive Mr Cummings...
...In a letter they plan to send to the SEC, Elijah Cummings of Maryland and Peter DeFazio ask the watchdog to “evaluate the extent of any receipt by Goldman Sachs of fraudulently-generated AIG-issued credit...
...Additional reporting by Brooke Masters...
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