US EditionBank of England fines financier Jay Hambro
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Bank of England fines financier Jay Hambro
The Bank of England has fined banking dynasty scion Jay Hambro for his conduct during a stint as director of the Wyelands Bank, the Sanjeev Gupta-owned lender that ignominiously collapsed in 2020. The BoE’s Prudential Regulation Authority (PRA) issued Hambro – a prominent City figure – with a £72,000 penalty on Wendesday, saying that his conduct “fell below the standards expected of a person in his position” while he was board member of Wyelands…
·London, United Kingdom
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