Inquiry asks if HBOS misled over rights issue
Edinburgh-based bank's 2008 capital raising which flopped with a £3.8bn "stick" of stock being left with the underwriters, Morgan Stanley and Dresdner Kleinwort. Lord Stevenson, its chief executive, Andy Hornby, now boss of Alliance Boots, or Peter Cummings, the former head of corporate lending,...
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- News Source: Independent | 21 days agoDetails of the Financial Services Authority 's (FSA) investigation surfaced in documents published alongside Lloyds Banking Group 's £21 billion fundraising last week. April 2008, less than four months before the Lloyds takeover was announced,...
- News Source: The independent | 21 days agoEdinburgh International Conference Centre, his arms whirling energetically...Lloyd's Banking Group and those investors are demanding to know whether the board gave them a full account of how parlous the bank's state really was when it asked them to...
- News Source: The independent | 21 days agoEdinburgh-based bank's 2008 capital raising which flopped with a £3.8bn "stick" of stock being left with the underwriters, Morgan Stanley and Dresdner Kleinwort. Lord Stevenson, its chief executive, Andy Hornby, now boss of Alliance Boots, or Peter...
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- Blog Source: industry.bnet.comUnder pressure from the U.K.'s Financial Services Authority and the European Commission, Royal Bank of Scotland and Lloyds Banking Group said today that each will sell portions of their respective branch networks. RBS, which is partly nationalized, ..
- Blog Source: www.ianfraser.org“The control systems have been changed and strengthened, and HBOS has written off a considerable amount … I have also been advised that the FSA continues to monitor HBOS, that it considers carefully any allegations of fraud by an ...
- Blog Source: blogs.ft.comThe Royal Bank of Scotland today posted a pre-tax loss of £2.2bn for the July to September period. It has also written off another £3.3bn in bad debts and other bad investments. It says conditions remain ' fragile'. ...
- Blog Source: alaninbelfast.blogspot.comPaul Moore is the former Head of Group Regulatory Risk at HBOS and was the only senior risk and compliance executive in the UK banking sector to speak out publicly in the aftermath of the financial crisis about what he saw from the inside of a bank.
- Blog Source: www.wsc.co.uk... by the Rangers board ? barely 6 months after what should have been the most lucrative season in the club?s history the club attempted to sell top-scorer Kris Boyd in the January transfer window to ameliorate cash-flow problems. ...
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Video Source: www.truveo.comHBOS Whistleblower - should ...Video Source: www.truveo.comHBOS Whistleblower - should FSA have done more? - Video Source: www.truveo.comFallon Says U.K. FSA Had ...Video Source: www.truveo.comFallon Says U.K. FSA Had Conflict of Interest Over HBOS
- Video Source: www.truveo.comGordon Brown says it’s right ...Video Source: www.truveo.comGordon Brown says it’s right the FSA deputy...
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