FCA drive to promote better conduct in banking

The Financial Conduct Authority has begun steps to promote better conduct in the banking industry.

In Brief:

• Staff from the watchdog have met up with young employees in investment banking.

• These have included JP Morgan, Citigroup and Barclays.

• The aim is to learn about the culture of the industry and see how conduct can be improved.

What does this mean?

The FCA introduced a conduct programme in 2015 to help banks improve and make staff feel more responsible for governance and conduct.

Read more here.