McDermott to leave the FCA

Acting CEO of the Financial Conduct Authority (FCA) Tracey
McDermott will leave the organisation on 1 July 2016, the UK
regulator announced today (13 April).
McDermott withdrew from the FCA's process to find a
permanent chief executive in January this year.
The FCA said that McDermott had taken the decision to withdraw
her name in early December and would remain in situ until a
permanent replacement had started work.
She had been hotly tipped in the City to take the...