Chairman could swap FSA frying pan for the PM's fire

Sir Callum McCarthy, chairman of the Financial Services Authority, has been on a goodbye tour to meet up with some of the world's uber-bankers before hanging up his boots next month. But what will the quietly spoken Scot do next? Some suggest a job advising the PM. Perhaps after some spiky encounters with MPs on the Treasury Select Committee - headed by the combative John McFall - McCarthy might decide he has better things to do. The whispers are that McCarthy - who used to be the chief policemen of the energy industry at Ofgem - may return to that sector. Or, of course, there are those three non-executive positions that Royal Bank of Scotland seems to be finding so hard to fill. Insurers dogged by awkward cases Even the offbeat in the consultancy world are seeking insurance protection these days. The badger consultant, along... [read full story]