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HBOS forced to defend housing buys

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By Ian Fraser Published: Sunday Herald Date: 4 May 2008 PETER CUMMINGS, chief executive of Bank of Scotland Corporate, has defended the bank’s decision to take big equity stakes in two of the UK’s leading house-building companies at the onset of the credit crunch. Cummings defended the Edinburgh-based bank’s decision …

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Sir Angus jumps the bus

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By Ian Fraser Published: Sunday Herald Date: 26 December 2004 DEAL OF THE YEAR SIR Angus Grossart was on the Iraq-Syrian border “looking at Crusader castles” when he put together the deal of the year in Scotland. Grossart, whose investment bank Noble Grossart coordinated the bid on behalf of three …