FCA warns banks not to lean on lending to win coronavirus mandates

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FCA warns banks not to lean on lending to win coronavirus mandates

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NY, USA - FEBRUARY 29, 2020: Homepage of fca org website on the display of PC, url - fca.org.uk. | mehaniq41 - stock.adobe.com

The Financial Conduct Authority has written to UK banks warning them against pressuring clients for mandates on Covid-19 equity capital raises using their lending relationship as justification.

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