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FCA met Saudi Aramco before trying to change rules for $2tn flotation

The chief executive of the Financial Conduct Authority has admitted meeting officials from Saudi Aramco before publishing plans to water down rules in an attempt to attract the $2tn (£1.5tn) stock market listing of the oil giant to London. Andrew Bailey ... read more

FCA boss Andrew Bailey met oil giant Saudi Aramco over £1.5tn float

The head of Britain's financial watchdog has admitted he met with Saudi Aramco ... market flotation in London. Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), held the talks before publishing heavily criticised rule changes that ... read more

City watchdog admits meeting oil giant Saudi Aramco over £2tn float

The head of Britain's financial watchdog has admitted he met with Saudi Aramco before publishing heavily criticised rule changes which ... be valued at more than $2tn (£1.55tn) - a figure that would make it the biggest share flotation in history. read more

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Britain's FCA quizzed by lawmakers on listing rule plans ahead of Aramco IPO

LONDON, Sept 8 (Reuters) - Britain's financial regulator has been told by two parliamentary committees to address concerns that plans to relax rules on listing state companies could undermine corporate governance. The Financial Conduct Authority (FCA ... read more

Treasury Committee demands answers from FCA boss ahead of Saudi Aramco listing

Saudi’s state-owned Aramco is preparing to list only around 5% of its shares and the FCA plans would allow ... the listing to London when they met with the company’s boss Khalid Al-Falih in April. However, the rule change has drawn sharp criticism ... read more

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Treasury Committee demands answers from FCA boss ahead of Saudi Aramco listing

Saudi’s state-owned Aramco is preparing to list only around 5% of its shares and the FCA plans would allow ... the listing to London when they met with the company’s boss Khalid Al-Falih in April. However, the rule change has drawn sharp criticism ... read more


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