FCA boss McDermott quits as Osborne seeks 'more mature' regulator

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FCA boss McDermott quits as Osborne seeks 'more mature' regulator

Tracey McDermott source FCA 230x150

Mounting pressure on UK chancellor of the exchequer, George Osborne to preserve London’s place as a global financial centre may have played a part in the Financial Conduct Authority interim chief executive’s decision, announced on Thursday, to withdraw her application for the permanent position.

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