Ian Hannam: the barbarian conqueror of the City

City 'fixer' Ian Hannam's public rebuke by the Financial Services Authority over allegations of insider information has divided traders. Is he a victim of a dysfunctional watchdog?

"Ian Hannam was given a standing ovation after a defiant speech as he left JP Morgan's trading floor last week," reports The Independent. It shows how his case has galvanised the City.

The resignation of its most celebrated rainmaker, following a £450,000 fine from the Financial Services Authority (FSA) for "non-deliberate market abuse", was "a shocker". Now half the mining industry, an army of fund managers and even former shadow home secretary David Davis have rallied to his cause.

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.