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JP Morgan scopes out former regulator to oversee London rollout of neobank

Feb 24, 2020 - City A.M.
Board and Executive Moves

US INVESTMENT bank JP Morgan is said to have lined up a former City regulator to spearhead the launch of its digital bank in the UK.

Clive Adamson, who previously served as head of supervision at the Financial Conduct Authority (FCA), has been elected to chair JP Morgan's new digital venture set to roll out later this year, the Financial Times reported last night.

Adamson left the FCA in 2015, and has since held various nonexecutive roles at JP Morgan, including chair of its internat...