New regulator to push banks towards 'good' profits
The Financial Services Authority (FSA) has told banks the new regulatory system will push them to weed out potentially harmful products and demand they pay particular attention to treating customers fairly.
Bankers were once of the "highest repute" and banking synonymous with confidence and trust, but this has changed thanks, in part, to the financial crisis, the FSA's Martin Wheatley said in a speech to...
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