Five years after the City watchdog launched a probe into banking bosses following the near-collapse of HBOS, its promised report is still nowhere to be seen.
The new boss of the Financial Conduct Authority (FCA), Nikhil Rathi, is under pressure to publish the long-awaited review into the failure of HBOS, which went under more than a decade ago.
The FCA announced at the start of 2016 that it was launching investigations into certain former HBOS senior managers , to find out who was responsible for what went wrong and decide whether they should be barred from working in a similar role again.
British savers will still have up to £85,000 of cash savings safeguarded after Brexit, but a slump in the pound means those in the UK could have less money protected compared to those on the continent until 2025.
The Financial Services Compensation Scheme and the Bank of England have confirmed the £85,000 guarantee if a bank or building society goes bust would remain after the UK exits the Brexit transition period in a little over a week s time.
But while the protection scheme, initially introduced under EU rules, will be kept after Brexit, the Bank of England no longer plans to keep the amount protected aligned with the €100,000 safeguarded under the EU s own guarantee.
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Bonface Osoro is a Collaborating Researcher at George Mason University, Fairfax, Virginia USA.
Naivasha, Kenya
The Kenya Space Agency (KSA) has awarded Kshs. 5,000,000 to the Universities of Eldoret, Dedan Kimathi and Taita Taveta for research geared towards space weather. This is good news to the space science community and the general public who indirectly consume space products. But what is space
Some Bankers Deserve a Bonus This Year - The Washington Post washingtonpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from washingtonpost.com Daily Mail and Mail on Sunday newspapers.