Lloyds faces pref share scrutiny after FCA note

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Lloyds faces pref share scrutiny after FCA note

Jasper Cox
April 19, 2018 08:00 PM
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Bank of England Deputy Governor Andrew Bailey listens to a reporter's question during a news conference at the Bank of England in London, December 1, 2015. REUTERS/Suzanne Plunkett | SUZANNE PLUNKETT/Press Association Images

The UK’s Financial Conduct Authority wrote to CEOs on Thursday, asking them to make sure the details of fixed income shares are understood by investors.

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