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Top British regulator denies going soft on banks

Monday, January 11, 2016 - 05:50

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Ms McDermott last month decided to scrap a review into the banking industry's culture

London

THE acting head of Britain's main financial regulator has denied softening her stance, after her decision last month to drop a wide-ranging review into banks' behaviour sparked concerns about political interference.

Antipathy to banks has surged since some were bailed out

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