FSA regulator says financial sector is failing to accept need to change

If supermarkets behaved like financial firms, how long would they last? asks Margaret Cole One of the City's most senior regulators has hit out at the bosses of financial firms for failing to embrace the cultural change needed to repair the industry's reputation with consumers. Margaret Cole, director of enforcement and financial crime at the Financial Services Authority, told a City audience ...

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Source: Guardian Unlimited

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