The Financial Conduct Authority's (FCA) former director of supervision is joining the board of JP Morgan's private bank as a non-executive director, according to reports.
Sky News reported Adamson (pictured), who stepped down from the regulator late last year, is to take the non-executive role at JP Morgan International Bank following regulatory approval. He will also act as a senior adviser to the fund house's broader business, reviewing and making recommendations about "internal processes relating to a number of regulatory and risk issues". Adamson left the FCA in the wake of a report which criticised the regulator's handling of a media briefing about its upcoming probe of insurers' closed life policies. The regulator insisted at the time Adamson'...
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