The Latest Breaking News from FCA

The lender, which has about three million UK customers, failed to check for money laundering on millions of transactions up to 2020.

Consumers started their Christmas shopping early, Kantar says; UK jobless rate rises to 4.3% while wage growth excluding bonuses is at a two-year low

The FCA said Mr Odey’s response to allegations of sexual misconduct breached its rules and ‘lacked integrity’.

Analysts forecast bank will have to halve £2bn buyback plan, as ex-boss of City regulator blames watchdog for crisis

After ‘secret’ commissions paid to dealers by lenders were ruled unlawful, billions might be available in compensation

Industry and Treasury hold urgent talks after court of appeal rules consumers were mis-sold loans

Some analysts say court of appeal ruling on mis-selling could cost the bank £1.1bn

For at least a few days, the manufacturing facilities at FCA's large Detroit Assembly Complex—Jefferson will fall silent. Stellantis notified workers of a temporary shutdown and subsequent layoffs today, according to a report from Mopar Insiders. The shutdown will occur this week.

Lender holds about £15bn in loans through Black Horse and could have to pay compensation for mis-selling