H2O’s Ex-Deputy CEO Fined £1 Million by UK FCA, Banned From City

H2O’s Ex-Deputy CEO Fined £1 Million by UK FCA, Banned From City

The former deputy chief executive officer of asset manager H2O has been banned from working in financial services and fined more than £1 million ($1.3 million) by the UK’s Financial Conduct Authority.

H2O Deputy CEO fined £1m and banned from financial services for deliberately misleading FCA - Essex Magazine

The former deputy chief executive officer of asset manager H2O AM LLP (H2O), Jean-Noel Alba, has been fined £1,049,500 by the Financial Conduct Authority (FCA) and banned from the financial services industry. An FCA investigation found that Mr Alba lacked integrity because he misled the FCA. Between April 2015 and November 2019, H2O failed to […]

FCA Bans H2O Executive, Imposes Fine for Misconduct

The Financial Conduct Authority’s (FCA) investigation into H2O Asset Management and its senior manager, Mr. Alba, has sent shockwaves through the financial services industry, underscoring the critical importance of integrity and transparency in regulatory dealings. The FCA’s findings, which led to a ban and a substantial fine for Mr. Alba, highlight a troubling pattern of misconduct that has… Source

FCA imposes £1M fine on H2O Deputy CEO

The former deputy chief executive officer of asset manager H2O AM LLP, Jean-Noel Alba, has been fined £1,049,500 by the FCA.