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Prudential Regulation Authority (PRA)

May 2024

  • Door of the Citigroup offices in Canary Wharf, London.

    Citigroup fined over ‘fat finger’ error that led to £1.1bn of mistaken orders

    UK regulators fine bank £61.6m over 2022 trader blunder that prompted flash crash in European stocks

February 2024

  • The City Of London skyline.

    Conflict of interest row greets new boss of watchdog for City regulators

    Campaigners criticise Rachel Kent’s decision to remain part-time partner at law firm advising finance clients and UK government

January 2024

  • Sanjeev Gupta in a suit and tie standing outside a building with a sign on it saying Liberty Steel.

    Former head of bank linked to Greensill Capital fined by UK regulator

    CEO of Wyelands Bank, part of steel magnate Sanjeev Gupta’s empire, committed ‘serious’ rule breaches

October 2023

  • Metro Bank sign.

    Metro Bank considering raising hundreds of millions from investors

    High street lender recently failed to convince regulators it could be trusted to hold less cash against its mortgage risks

September 2023

  • Sam Woods portrait

    Observer business profile
    Banking regulator Sam Woods: ‘This is the most intense period since the 2008 financial crisis’

  • Person shelters under an umbrella in heavy rain with St Paul's Cathedral in the background

    ‘Imagine Westminster under water’: stricter tests needed to see how City copes with climate disasters

August 2023

  • View of the City of London financial district with a bridge crossing the Thames in foreground

    Many of world’s largest hedge funds face UK stress test

    Participants also including banks and pension funds will have to reveal how activities could harm financial system

April 2023

  • A TSB sign attached to the side of a building

    Former TSB chief information officer fined £81,000 over IT meltdown in 2018

  • People stand outside the Bank of England in the City of London.

    Wyelands Bank rebuked by Bank of England for regulatory failings

November 2022

  • The Financial Conduct Authority’s headquarters in Stratford, London.

    Political intervention would undermine City regulators, says FCA

    Watchdog tells MPs plans to allow ministers to amend regulations would dent UK’s reputation

May 2022

  • Flooding in Tewkesbury, Gloucestershire, England, in February 2022.

    UK finance ‘faces £340bn in losses’ without action on climate change

    Dire warning follows first Bank of England climate stress tests on seven largest lenders

December 2021

  • Nils Pratley

    Nils Pratley on finance
    Basic failures at UK banks prompt much-needed zeal from regulators

    Nils Pratley
    Egregious oversight lapses at NatWest and Standard Chartered suggests boards are not earning their lavish pay

November 2021

  • Skyline shot of the City of London financial district

    Rishi Sunak unveils post-Brexit financial regulation proposals

    Chancellor’s ‘once-in-a-generation’ plan emphasises focus on growth and global competitiveness

July 2021

  • The City of London seen from the south bank of the Thames

    City of London bosses’ pay could be linked to staff diversity

    Bank of England and FCA say more needs to be done to include wider range of voices in decision-making

December 2020

  • people walk past the Bank of England

    Bank of England tells bank bosses to review exposure to Covid losses

    UK financial sector told it must be prepared for risks from businesses damaged by coronavirus pandemic

September 2020

  • Masked worker passes Bank of England

    UK interest rates likely to fall below zero in 2021

    Bank of England is investigating ways of removing obstacles to step, aimed at boosting economy

April 2020

  • Nils Pratley

    Nils Pratley on finance
    Rishi Sunak should take a share of blame for Tesco dividend anger

    Nils Pratley
  • The legal and general logo

    L&G to pay £750m dividend despite Bank of England warning

March 2020

  • Bank of England

    UK banks agree to scrap £8bn dividends amid recession fears

  • Jes Staley

    Barclays investor calls for boss's removal over Epstein links

About 118 results for Prudential Regulation Authority (PRA)
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