Insider trading, money laundering, and reputational risk in asset management take centre stage in this episode, featuring the recent conviction of Redinel and Oerta Korfuzi.

David Masters and Neil Robson examine how confidential market information was exploited, how the FCA uncovered the scheme, and why the asset manager involved avoided lasting reputational fallout. The conversation also considers how remote working exposed new compliance risks and why historic control failures still carry weight.

They revisit past high-profile cases including Philippe Jabre and David Einhorn, explore the growing crossover between insider trading and money laundering, and ask whether a damaged reputation in asset management can ever truly recover.

Recorded and produced at the Lansons Studios

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This podcast contains discussions around sensitive topics, including sexual assault, abuse, and other potentially distressing subjects. Listener discretion is advised. If you or someone you know is affected by any of the issues raised, please consider seeking support from a trusted organisation or professional.

In this episode, David Masters and Neil Robson unpack the high-stakes appeal by Jes Staley against his lifetime ban from the FCA, and the tangled web of his relationship with Jeffrey Epstein at the heart of this case.

The conversation turns to the newly uncovered extent of their relationship, the regulator’s rationale for such a decisive penalty, and whether the appeal has unintentionally magnified public scepticism. Beyond that, it revisits a lesser-known whistle blower episode that marked a troubling chapter in his leadership at Barclays, while expanding the focus to Epstein - his crimes, his influential network, and the presence of high-profile figures such as Donald Trump.

With comparisons drawn to financial criminal Bernie Madoff, the episode highlights how powerful individuals can evade scrutiny for years, shielded by status and influence, until their reputations collapse. With credibility hanging by a thread, the question remains: is redemption still possible for Staley, and what does his case reveal about the fragility of reputation at the highest levels of financial services?

Recorded and produced at the Lansons Studios

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This podcast contains discussions around sensitive topics, including sexual assault, abuse, and other potentially distressing subjects. Listener discretion is advised. If you or someone you know is affected by any of the issues raised, please consider seeking support from a trusted organisation or professional.

Reputation in financial services is complex, shaped by audience perception and regulatory scrutiny. In this episode, Neil Robson and David Masters dive into the scandals surrounding Crispin Odey and Neil Woodford, exploring how they have not only damaged their personal standings but also raised fundamental questions about trust in the system.

While Odey’s primary audience - high-net-worth individuals and institutional investors - may have already distanced themselves, Woodford faces a different challenge, hoping to rebuild credibility with retail investors. But is redemption even possible?

And beyond the individuals, the regulator itself is under fire. The FCA has faced increasing criticism, with concerns over its handling of non-financial misconduct and its true priorities. Reports from the APPG on Fairer Financial Services and leadership departures at the CMA and FOS add to the uncertainty. Is the FCA truly serving consumers, or is its focus elsewhere? And can trust in financial services ever fully recover?

Recorded and produced at the Lansons Studios

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This podcast contains discussions around sensitive topics, including sexual assault, abuse, and other potentially distressing subjects. Listener discretion is advised. If you or someone you know is affected by any of the issues raised, please consider seeking support from a trusted organisation or professional.