Skulking in Gresham Street
Lloyds Banking Group, AKA “the most hated bank in Britain“, today unveiled higher-than-expected annual losses of £6.3 billion. The Gresham […]
HBOS
Is the FSA finally getting serious about HBOS wrongdoing?
Jo Dawson and Dan Watkins, the two senior executives who resigned from Lloyds Banking Group on 5 February 2010, were
Backroom boy Mark Fisher moves up front
Profile of the week: Mark Fisher, integration director at Lloyds Banking Group Some are lucky to survive disasters, others seem
WAITING GAME
Potential vendors are waiting for a recovery, potential acquirers are waiting for the bottom of the market and, as Ian
Scotland’s finance sector faces “lost decade” thanks to bank collapses, says Item Club
Item Club reveals extent of slump and says output won’t recover until 2015 Scotland’s finance sector has been condemned to
The unanswered questions around the emergency HBOS cash call
Just four months before its humiliating collapse into the arms of Lloyds, HBOS’s chairman assured shareholders it had sufficient funds
Inquiry asks if HBOS misled over rights issue
A Financial Services Authority investigation into whether HBOS’s former board misled investors at the time of the bank’s abortive £4bn
Examining HBOS
If Lloyds Banking Group or the UK authorities ever get round to properly investigating the £1bn HBOS Reading fraud, they
Lloyds Banking Group: the new Enron?
Lloyds Banking Group has been given the go-ahead to proceed with a £13.5bn rights issue as part of a wider
Moulton: When bankers threw ethics out the window
Private equity boss Jon Moulton, who quit Alchemy Partners amid some controversy last month, has provided a unique insight into
Director’s deal sends Ury sale into the rough
Savills unable to sell estate after previous owner granted agricultural tenancy to one of their own directors The estate agent
Soft soaping Sir Victor Blank adds little to sum of human knowledge
Sir Victor Blank, who has been forced out as Lloyds Banking Group chairman by investors, has spent the weekend trying to
Scottish Agenda: The revolving door that shuts out taxpayers
Is the taxpayer losing out in pre-packaged administrations that leave state-owned banks swallowing debts? Can we call pre-packaged administrations —
Jim Rogers: failed banks should have been left to go to the wall
Did the UK government have to risk bankrupting our economy by bailing out dysfunctional banks such as Royal Bank of
The recklessness of Cummings
Speaking on Bloomberg TV, Justin Urquhart-Stewart, director of Seven Investment Management, has described HBOS as being “pregnant with the spawn of
Scottish Agenda: As patients rally, lifestyle changes are required
Sir John Gieve on moral hazard Last autumn, it was clear that something had to be done. After years of
Scottish Agenda: “Who you know” is paying off for Sir George
It’s not what you know, it’s who you know that makes all the difference in the discombobulated world of post-crash
The extraordinary lapses that caused HBOS’s collapse
Introductory note: An edited version of this article was published on the BBC News website under headline Why did HBOS
Scottish Agenda: Archie Kane can’t croon away the unpalatable truth
In a Val Doonican-esque session, Archie Kane, Lloyds Banking Group’s most senior director north of the border, recently stressed that
HBOS dangerously ‘out of control’ under James Crosby
THE impression that Halifax Bank of Scotland (HBOS) was dangerously out of control under former chief executive Sir James Crosby
‘Bling’ Crosby’s day of reckoning
This charade of apology is a diversion from bankers’ role in financial destruction Edith Piaf’s chanson “Non, Je Ne Regrette