FCA admits meeting Aramco before proposing rule change 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 a move intended to lure the $2tn (£1.5tn) stock market listing of the oil giant to London. Andrew Bailey told MPs that the meeting with officials ...

FCA admits meeting Aramco before proposing rule change for $2tn flotation