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Coventry Building Society's £780 million takeover of the Co-operative Bank has been given regulatory approval.
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Capital markets tech provider Capitolis has received strategic investements from Citi, Morgan Stanley, State Street and UBS.
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Citi has invested in programmatic mortgage infrastructure provider Pylon. Financial terms were not disclosed.
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The FCA has fined the London branch of Macquarie Bank £13 million for "serious failings" that allowed one of its employees to record over 400 fictitious trades.
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An All Party Parliamentary Group (APGG) of UK MPs have branded the FCA as 'incompetent at best, dishonest at worst', in a hard-hitting report that calls for wholesale reforms at the financial watchdog.
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