Results tagged “FSA” from Business Insider Blog

I'm sure I am not the only person scratching my head in wonder at the punishment delivered to Johnny Cameron (no relation) by the Financial Services Authority.

The full details can be read here with the FSA statement here but basically the former head of Royal Bank of Scotland's investment banking operation has agreed not to work full-time in a bank or insurer ever again.

As a result the FSA is not going to pursue any further action against him. So basically he has been cleared of any wrong doing, did not admit any guilt and was not fined.

Oh and the independently wealthy 55-year-old can still work in lucrative part-time consultancy roles.