Martin Wheatley News

Bank of England’s Bailey Is Surprise Choice for Chief of U.K. Regulator, FCA

Bank of England Deputy Governor Andrew Bailey will become the new chief executive officer of the U.K. Financial Conduct Authority, as the Chancellor George Osborne turned to a familiar face following a six-month search for the country’s top markets regulator. …

UK Regulator’s Acting CEO McDermott Withdraws From Race for Permanent Role

U.K. Financial Conduct Authority’s acting top executive withdrew from the race to take the role permanently after manning the post following the government’s ouster of the last head. Chief Executive Officer Tracey McDermott interviewed for the position last year. U.K. …

Head of UK Financial Watchdog Resigns; Government Refuses to Extend Contract

The head of Britain’s financial watchdog is stepping down early in a move some industry watchers said was a sign the government wants to take a less confrontational stance towards banks. Sources familiar with the matter said Martin Wheatley, viewed …

EU Capital Markets Plan Must Improve Investor Protections: UK Regulator

The European Union’s plan for a unified capital market needs more work to protect investors from losses if it is to provide the economic boost policymakers’ are hoping for, a top British regulator said on Thursday. Martin Wheatley, chief executive …