Former RBS executive director Johnny Cameron has been banned from taking any more top City jobs following an FSA investigation into RBS's investment banking arm.
The FSA has told Cameron he can not undertake further full-time employment in the financial services industry or perform any significant influence function in relation to any regulated activity carried on by an authorised person. However, it says Cameron can engage in part-time consultancy work. It adds it will not push for disciplinary action against Cameron because he agreed to the regulator's settlement conditions. It follows an investigation into the systems and controls in place at Global Banking & Markets (GBM), part of Global Markets of which Cameron was also a former chairman....
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