So it transpires that the appointment of Andrew Bailey was a bit of a last-minute enterprise.
Speaking to the Financial Times, the day after the announcement that he would be chief executive of FCA, Mr Bailey said: “Really this only happened over the course of this month, coming back from holiday over Christmas,” he said. “I was approached to say, would I consider the job.”
Was this after George Osborne “ruled out” acting chief executive Tracey McDermott on national radio, on 7 January? Grapevine thinks we should be told.
