Former head of bank with links to Greensill Capital fined by UK financial regulator
CEO of Wyelands Bank, part of steel magnate Sanjeev Gupta’s empire, committed ‘serious’ rule breaches
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CEO of Wyelands Bank, part of steel magnate Sanjeev Gupta’s empire, committed ‘serious’ rule breaches
The Bank of England had previously rapped Wyelands for having too much exposure to Liberty Steel owner Sanjeev Gupta’s business empire.
The Bank of England said on Thursday it has fined Wyelands Bank's former CEO Iain Mark Hunter 118,808 pounds for failing to ensure the lender had adequate systems and controls.... -January 11, 2024 at 05:11 am EST - MarketScreener
Banking watchdog has fined former chief executive of wound down Wyelands Bank, Iain Mark Hunter, £118,808 for "material breaches".
Microsoft briefly overtook Apple as the world’s most valuable company on Thursday as its bets on artificial intelligence (AI) begin to pay off.