British investment fund inquiry to interview BoE's Bailey in June
Share:
LONDON (Reuters) - A report into how regulators supervised now collapsed investment firm London Capital & Finance (LCF) will interview Bank of England Governor Andrew Bailey this month, the investigation's chair Elizabeth Gloster said on Tuesday.LCF went into administration in early 2019, with 11,600 investors suffering losses of up to 237 million pounds on investments in "mini bonds" that raised cash for small companies. LCF was regulated by the Financial Conduct Authority but not the..