A PYMNTS Company

UK: FCA antitrust probe into investment banks

By  |  February 19, 2015

The Financial Conduct Authority (FCA) has announced plans to launch its first wholesale market study into investment and corporate banking to assess whether competition in the sector is working properly on Thursday.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    This follows the publication of its review into competition in the wholesale sector, which found that limited clarity over price and quality of services may make it difficult for clients to assess whether they are getting value for money.

    “We have chosen this particular area because the benefits of effective competition in the market could be significant,” said Christopher Woolard, the FCA’s director of strategy and competition.

    Full Content: The Financial Times

     

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.