Barclays poaches FCA retail director

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Christina Sinclair, the acting director of retail at the Financial Conduct Authority (FCA), is to leave the regulator and join Barclays.

Sinclair, who led the FCA crusade over payment protection insurance (PPI) mis-selling, is to aid clean-up at Barclays, according to Sky News. She is to become the global head of compliance for wealth and investment management at Barclays. Her appointment will reunite her with Sir Hector Sants, who joined Barclays last year as part of efforts by Antony Jenkins, the bank's chief executive, to repair its reputation following its £290m fine for its role in the Libor rate-rigging scandal. Sinclair's move also marks the latest example of a senior regulator crossing the divide into the pr...

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