Prima Donnas and Scandals Under Fire

Daily MailJune 16, 2004

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Summary


THE City's fund management industry is dominated by self- important, disloyal prima donnas, according to a new report aiming to revive public trust in financial services.

Sir Richard Sykes, former chairman of drugs giant GlaxoSmithKline and rector of Imperial College, says the savings business has suffered a 'near-fatal erosion of trust' because of scandals, mis- selling and high hidden charges.

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Extract


Prima Donnas and Scandals Under Fire

His report, endorsed by Trade Secretary Patricia Hewitt, uncovered...

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