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March 12, 2014

British Regulator Adds Industry Veteran to Supervise Investment Banks

“LONDON – The Financial Conduct Authority of Britain is turning to another industry veteran as it looks to bolster its expertise in its supervision division.

“Julia Hoggett, a managing director for debt capital markets products at Bank of America Merrill Lynch, will join the regulator in early May as head of investment banking in its supervision division.

“I am delighted that Julia is joining us — she has a huge amount of industry experience, with an excellent understanding of financial institutions and specific investment banking experience,” said Clive Adamson, the F.C.A.’s director of supervision, in a statement.

“Ms. Hoggett has been with Bank of America Merrill Lynch since 2010 and is the head of a division responsible for a range of debt capital products.”

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Read full NY Times article here.

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