The Financial Conduct Authority (FCA) has dropped its intention to place a lifetime ban on former chief operating officer at Barclays Wealth and Investment Management Andrew Tinney, who shredded a report on business' culture that described it as "out of hand".
In 2013 Tinney was forced to quit the firm amid allegations that he had suppressed a "wealth cultural audit report" on Barclays Wealth's US branch, Barclays Wealth Americas, which described it as "out...
'UK investment case remains strong'
'No viable alternative'
Assist customers to get better deal
3 March 2020
CIO Stephen Jones will take up UK duties on an interim basis