EPISODE · Mar 12, 2024 · 34 MIN
Broking Bad
from The Slow Newscast
Modern brokerage firms in the City are an echo of another age. Not just because they still rely on people - rather than technology - to facilitate trade, but also because they have never shaken off the reputation of a culture of excess and bad behaviour. The City regulator, the FCA, has been aware for years that there’s an issue with some broking firms. This is the story of what happens behind closed doors in one company.To find out more about Tortoise:Download the Tortoise app - for a listening experience curated by our journalistsSubscribe to Tortoise+ on Apple Podcasts for early access and ad-free contentBecome a member and get access to all of Tortoise's premium audio offerings and moreIf you want to get in touch with us directly about a story, or tell us more about the stories you want to hear about contact [email protected] Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Modern brokerage firms in the City are an echo of another age. Not just because they still rely on people - rather than technology - to facilitate trade, but also because they have never shaken off the reputation of a culture of excess and bad behaviour. The City regulator, the FCA, has been aware for years that there’s an issue with some broking firms. This is the story of what happens behind closed doors in one company.To find out more about Tortoise:Download the Tortoise app - for a listening experience curated by our journalistsSubscribe to Tortoise+ on Apple Podcasts for early access and ad-free contentBecome a member and get access to all of Tortoise's premium audio offerings and moreIf you want to get in touch with us directly about a story, or tell us more about the stories you want to hear about contact [email protected] Hosted on Acast. See acast.com/privacy for more information.
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Broking Bad
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