Sir James Crosby, the disgraced former chief executive of HBOS, could lose his last remaining job when it comes under the scrutiny of the Financial Conduct Authority (FCA) next year.
Crosby became chairman of online car finance group Moneybarn last July. He stepped down from all of his other positions last week in the wake of a damning report into the failure of HBOS in 2008. His role at West Sussex-based Moneybarn will be examined by the FCA next April when it takes over regulation of all consumer loan groups, the Daily Mail reports. A spokesman for the FCA confirmed that Moneybarn's chairman would have to be approved as ‘fit and proper'. There have been widespread demands for Crosby - along with his successor Andy Hornby and former HBOS former chairman Lord ...
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