FSA fines Glencore-Xstrata merger banker Hannam $721,000
Apr 03, 2012 | 10:31 AM
|
JP Morgan Cazenove senior banker Ian Hannam has been fined £450,000 ($720,591) by the UK’s banking watchdog, the Financial Services Authority (FSA), for passing on confidential information to prospective clients, according to a statement released by the regulator on Tuesday April 3.
Hannam resigned from JP Morgan this morning following the FSA’s ruling, according to press reports.
The FSA said that Hannam had been fined for disclosing....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute — no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Subscribe Now
Click Here
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.
Take a Free trial
Click Here