Financial services regulators have joined forces to address the attitude and approach of financial services firms to climate change.

Sam Woods has been reappointed as Deputy Governor of the Bank of England with responsibility for Prudential Regulation and will continue as chief executive of the Prudential Regulation Authority.

Chancellor Rishi Sunak has appointed three industry stalwarts as new members of the Prudential Regulation Authority’s governing body, the Prudential Regulation Committee.

The FCA and PRA have hit Goldman Sachs International (GSI) with a fine of £96.6m for management failings in dealing with allegations of bribery and staff misconduct.