Banker quits over market abuse row

Updated
Canary Wharf
Canary Wharf

One of the most senior bankers at investment firm JP Morgan Cazenove has resigned abruptly after the City watchdog said it would fine him £450,000 for market abuse.


Ian Hannam, global chairman of equity capital markets, will appeal against the regulator's decision to penalise him for allegedly providing insider information on JP Morgan client Heritage Oil to another customer.

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