Ex-RBS banker ignores FSA snub and returns to the City

Laura Miller
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Johnny Cameron, the former RBS banker blocked by the FSA from taking up senior positions in the City, has set up his own advisory firm.

The ex-head of RBS' investment banking arm has launched Caps Advisory, after pledging in May this year not to return to banking, the Telegraph reports. "I've got one job starting in September but it's very, very early days. I help with people's relationships with banks, but it's not a financial services business," says Cameron yesterday. Cameron's efforts to continue to make a living from City work will anger many after the 56-year old admitted to a "share of responsibility" in RBS's near collapse in October 2008. The bank, now 83% owned by the taxpayer, was bailed out by the Gover...

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