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FCA fines GAM £9.1m over Greensill conflicts
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Swiss asset manager GAM has been fined £9.1m by the UK markets watchdog over its failure to manage conflicts of interest in its dealings with Greensill Capital.
The Financial Conduct Authority also fined former GAM star fund manager Tim Haywood £230,000 for his failure to declare gifts and entertainment.
Haywood travelled on a Greensill employee’s...
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