The UK’s https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” target=”_blank” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286_1″ class=”terms__main-term” rel=”noopener”>Financial Conduct Authority (FCA) has imposed a fine of over £18 million on Julius Baer International Limited (JBI), the local subsidiary of the Swiss banking giant. The company was accused of “failing to conduct its business with integrity, failing to take reasonable care to organize and control its affairs…
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