FCA branded a 'road accident' by MP

By Huw Jones and David Milliken LONDON (Reuters) - The Financial Conduct Authority, the body meant to police standards at banks, looks like a "road accident" after a botched decision to scrap a review into banking culture, a senior lawmaker said on Wednesday. News of the watchdog's decision leaked out last month, raising concerns among members of parliament that the FCA was being leaned on by a government wanting softer treatment of British lenders. In testy exchanges lasting nearly three hours,