FCA chief faces consumer backlash after signalling possible ‘end of free banking’

Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), has sparked a backlash from consumers after indicating that the regulator would not intervene if banks opted to charge for current accounts. Read more: FCA chief faces consumer backlash after signalling possible ‘end of free banking’

FCA chief faces consumer backlash after signalling possible ‘end of free banking’
Nikhil Rathi, the chief executive of the Financial Conduct Authority (FCA), has sparked a backlash from consumers after indicating that the regulator would not intervene if banks opted to charge for current accounts. Read more: FCA chief faces consumer backlash after signalling possible ‘end of free banking’