The Financial Reporting Council (FRC) has launched an investigation into the conduct of Chris Willford, the former group finance director at Bradford & Bingley.
The accounting watchdog will probe whether Willford adhered to the professional code of ethics under the FRC's Accountancy Scheme during his tenure at the bank between October 2005 and June 2009.
This comes just weeks after another regulator, the Financial Conduct Authority (FCA), fined Willford...
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