FCA bans ex-Co-op Bank chair Paul Flowers over lewd calls and emails

'Lack of integrity'

Natalie Kenway
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Paul Flowers, ex-deputy chairman of Co-op Group
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Paul Flowers, ex-deputy chairman of Co-op Group

The Financial Conduct Authority (FCA) has banned Paul Flowers, former chair of Co-operative Bank (Co-op Bank), from the financial services industry after he was found to be making "inappropriate" calls to premium chat lines and sending "sexually explicit" emails during his tenure.

The regulator found between 15 April 2010 and 5 June 2013 Flowers' conduct "demonstrated a lack of fitness and propriety required to work in financial services". He was deputy chair of the Co-op Group...

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