A former Slaughter & May lawyer who advised ministers on the 2008 financial crisis is a leading candidate to become the next FCA chairman, according to reports.
Sky News reported former Slaughter & May partner Charles Randell is in talks about succeeding the outgoing John Griffith-Jones at the Financial Conduct Authority (FCA). Chancellor of the Exchequer Philip Hammond is expected to agree the appointment within days, and an announcement on Griffith-Jones' successor could be made as early as Tuesday, the report added. Randell sits on the Bank of England's Prudential Regulation Committee, but his five-year term as a director is set to expire in March. Griffith-Jones is set to step down from his position at the regulator on March 31. He will a...
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