Martin Wheatley

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Last quote by Martin Wheatley

The traders put their own interests ahead of their customers', they manipulated the market, or attempted to manipulate the market and abused the trust, I think, of the public and certainly us as regulators. The banks' failures to establish adequate systems and controls are what allowed the traders to manipulate the fixed rates across the world's largest currencies, and failings like this seriously undermine confidence in the market and undermine the attempts to genuinely reform banking culture.
Nov 12 2014
Martin Wheatley has been quoted 6 times. The two most recent articles where Martin Wheatley has been quoted are British payday lenders sky-high interest rates reigned in and 'Broken' Libor can be fixed says UK watchdog. Most recently, Martin Wheatley was quoted as having said, β€œFor those who struggle with their repayments, we are ensuring that someone borrowing 100 pounds (126 euros) will never pay back more than 200 pounds (252 euros) in any circumstance.”.
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Quotes by Martin Wheatley

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