FSA staff abandon ship as split looms

In the first five months of this financial year, 202 members of staff left the watchdog, which is a 26% increase on the same period last year, according to figures supplied by the FSA. In April, 54 people left after they were paid their annual bonuses, up from 36 the year before when the City jobs market was booming, the Independent reports. At least 30 full-time employees left the FSA in each of the past five months. In total, 352 employees left the regulator in 2010-11, compared with 181 the year before. The watchdog has recently been hit with a number of high-profile resignation...