FSA bombshell changes everything for ex-HBOS directors Crosby, Stevenson and Cummings
Yesterday was an extraordinary day in the world of banking. First we had confirmation from Barclays, Lloyds Banking Group and […]
Lloyds
Revealed: the hornet and the sting which are stopping us learning the truth about the HBOS’s collapse
Results released last Friday showed a sea of red ink engulfing the state-rescued Lloyds Banking Group. Trumpeted at the time
Dear Economist: ‘revolving door’ capitalism has its flaws too
As part of its special report on state-sponsored capitalism, published in its 21 January issue, the Economist berated emerging markets including
KPMG and the HBOS whistleblower
KPMG was already auditing Halifax when the ex-building society merged with Bank of Scotland a decade ago, and the audit
The FSA’s cosy deals are a travesty of regulation
Ever since its failures as a regulator first became widely apparent with the collapse of Northern Rock in September 2007, the UK’s
Lloyds Banking Group sued by Invista over non-payment of fees
Asset managers lose patience over £500,000 unpaid bill Lloyds Banking Group, whose shares tumbled last week on investor concern that
On banking, David Cameron is either clueless or a liar
David Cameron displayed an astonishing lack of understanding of the banking sector in his interview with Sarah Montague on the
‘Project Merlin’ doesn’t quite do what it says on tin
Project Merlin, the wizard scheme originally dreamt up in 2010 by ex-Barclays chief executive John Varley and RBS chairman Sir
Lloyds executioner with a talent for mimicking Ferraris
Mark Fisher, the low-profile “blustery Yorkshireman” and petrol-head, who was renowned for his ability to imitate the sound of a
Banking’s Abu Ghraib
A fourth person has been arrested in relation to Thames Valley Police’s investigation into “corruption and large-scale fraud in connection
That sinking feeling
Government hopes that its latest raft of measures would persuade banks to start lending to each other again – and