Has HBOS’s Peter Cummings lost touch with reality?
Peter Cummings continued to buy into failing property companies at full valuations five months before HBOS collapsed and seems rather […]
Peter Cummings continued to buy into failing property companies at full valuations five months before HBOS collapsed and seems rather […]
In a comment piece in Saturday’s Times, financial editor Patrick Hosking gave ten reasons why the Parliamentary Commission on Banking Standards must
It’s not often that I’m gob-smacked by the pronouncements of former directors of failed British banks. But, I was genuinely
My review of Ray Perman’s Hubris was published in the Scottish Review of Books at the weekend. The full review
It was intended as a memorial to the Scots who died in the Napoleonic Wars. But it wasn’t long before
High-profile figures say banker Peter Cummings has been made a scapegoat Jim McColl, Scotland’s highest-profile business figure, has added his
Here’s a statement issued this afternoon by the former HBOS director Peter Cummings, in the wake of today’s 92-page Final Notice from
Lessons must be learnt from the short and calamitous history of HBOS, the bank which effectively went bust in September
Results released last Friday showed a sea of red ink engulfing the state-rescued Lloyds Banking Group. Trumpeted at the time
KPMG was already auditing Halifax when the ex-building society merged with Bank of Scotland a decade ago, and the audit
Ever since its failures as a regulator first became widely apparent with the collapse of Northern Rock in September 2007, the UK’s
The tycoon, whose wealth has shrunk, tells Ian Fraser he has made mistakes but is bullish on the future Sir
Gordon Brown recently branded Goldman Sachs “morally bankrupt” and asked the FSA to investigate it. Yet he has turned a
PETER Cummings, former head of corporate lending at HBOS, is the archetypal ‘fat bloke’ banker. He was handed an astonishing
Lloyds Banking Group, AKA “the most hated bank in Britain“, today unveiled higher-than-expected annual losses of £6.3 billion. The Gresham
Lloyds Banking Group has been given the go-ahead to proceed with a £13.5bn rights issue as part of a wider
Sir Victor Blank, who has been forced out as Lloyds Banking Group chairman by investors, has spent the weekend trying to
Speaking on Bloomberg TV, Justin Urquhart-Stewart, director of Seven Investment Management, has described HBOS as being “pregnant with the spawn of
Introductory note: An edited version of this article was published on the BBC News website under headline Why did HBOS
This charade of apology is a diversion from bankers’ role in financial destruction Edith Piaf’s chanson “Non, Je Ne Regrette
Howard Brown, the Halifax teller-turned-minor celebrity, risks crippling his new steed, Lloyds TSB’s black horse, with his cavalier riding style. HBOS’s