Ex-FCA director Clive Adamson joins J.P. Morgan Private Bank

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The Financial Conduct Authority's (FCA) former director of supervision is joining the board of J.P. Morgan's international private bank as a non-executive director.

Adamson (pictured), who stepped down from the regulator late last year, is to take a non-executive role at JP Morgan International Bank following regulatory approval, according to Sky News. He will also reportedly act as a senior adviser to J.P. Morgan's broader business, reviewing and making recommendations about "internal processes relating to a number of regulatory and risk issues". Adamson left the FCA in the wake of a report which criticised the regulator's handling of a media briefing about its upcoming probe of insurers' closed life policies. The report, commissioned by the ...

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