City comment: A major consequence of the financial crisis has been the change in the approach of the Financial Services Authority from light touch to a new and much more intrusive form of regulation... more
A major row breaks between the powerful head of the Treasury Select Committee and the City regulator as the Financial Services Authority dismisses MPs' calls to put off radical changes in how savings are sold for a year... more
Funny that the Financial Services Authority should pay so much higher wages than the Bank of England - particularly when the Bank is going to take over some of the FSA's responsibilities when it is disbanded by Chancellor George Osborne... more
The City’s top regulator Hector Sants says one of his priorities when he takes charge of the new bank watchdog will be to convince the public and politicians that in future even the largest banks will allowed to fail... more
It's been a tough few weeks for Jon Pain. One minute he is being lined up to replace Hector Sants as interim head of the Financial Services Authority... more
Comment: The loudest applause at the Chancellor's Mansion House speech came for the news that Hector Sants is staying on for another three years... more
Good judgments rather than the structure of regulation are the key to effective financial supervision, says Hector Sants, chief executive of the Financial Services Authority... more
Listen to most politicians about the causes of the credit crunch and they will cite greedy fat cat bankers with their over-the-top bonuses and mega-rich, two-fingers-to-everyone-else lifestyles ... more
The Financial Services Authority could struggle to operate effectively after the Tories revealed their plans to abolish it, chief executive Hector Sants is warning ... more
The City's top regulator has turned down his bonus for the last year, sending a signal to bankers and directors that they need to cut back on their fat-cat rewards... more
When you meet someone these days who was until recently a non-executive director of one of the banks, it does not take long before the conversation turns to what went wrong. ... more
After two years in which the market value of the banking sector as measured by the FTSE 100 index has gone from £325 billion to £35 billion, it is surprising how rarely people ask what the institutional shareholders were doing when the bank managements were setting off down the path to destruction... more
Regulation: The fees High Street banks pay to the City watchdog will double next year as a result of the economic crisis. The total bill for the Financial Services Authority will rise by £117 million to £415 million in the coming year... more
Finally, the cavalry has arrived. As they haul themselves out of their upturned wagons and pick themselves gingerly over the carcasses of fallen comrades, those bankers still left standing are entitled to ask of the Financial Services Authority, where have you been?... more
The two men in charge of the City watchdog which oversaw the collapse and nationalisation of Northern Rock received inflation-busting pay rises last year... more
I despair of ever getting banks to realise that incentivising staff to do deals, make loans and expand the balance sheet regardless of the quality is asking for trouble... more
The watchdog which admitted a catalogue of failures over the Northern Rock crisis has dished out the same level of bonuses to staff as last year... more
Tonight:
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