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HBOS

Wrap/platforms

This week's news... condensed

CONDENSED

clock 14 September 2012 •

Economics / Markets

Tyrie says HBOS report must include review of FSA conduct

The Treasury Select Committee (TSC) is to appoint specialist advisers to oversee the drafting of a report by the Financial Services Authority (FSA) into the failure of HBOS.

clock 13 September 2012 •

Regulation

FSA bans and fines former HBOS executive £500k

The Financial Services Authority (FSA) has banned former HBOS executive Peter Cummings and fined him £500,000 for failings within the company's corporate division.

clock 12 September 2012 •

Your profession

Lloyds shareholders to use LIBOR scandal in legal challenge

A group of Lloyds shareholders suing directors over the 2008 HBOS takeover will use the LIBOR scandal as further proof they were misled into backing the deal.

clock 10 July 2012 •

Regulation

FSA censures Bank of Scotland for serious misconduct

The Financial Services Authority (FSA) has censured Bank of Scotland for failings within its Corporate Division between January 2006 and December 2008.

clock 09 March 2012 •

Mortgages

Bogus solicitor jailed for £8m mortgage fraud

A "sophisticated" fraudster who headed up a criminal gang has been jailed for seven years for defrauding high street banks out of almost £8m through multiple fraudulent mortgage applications.

clock 21 February 2012 •

Investment

Pension schemes plan to sue Lloyds directors

Three of the country's largest pension schemes are in talks to join a lawsuit against Lloyds TSB directors for allegedly misleading investors over the Halifax Bank of Scotland (HBOS) merger.

clock 16 February 2012 •

TCF

Banks slash bonuses as Miliband attacks pay - papers

Labour leader Ed Miliband will next week launch an attack on bonus culture in all sectors by calling for a Commons vote on the practice.

clock 03 February 2012 •

Regulation

FSA's HBOS report held up by banker's legal battle

The Financial Services Authority's (FSA) report into the failure of HBOS is being delayed by a legal challenge from Peter Cummings, a former senior executive at the bank.

clock 04 January 2012 •

Economics / Markets

Five things your clients will call you about this week

IFAonline gives its breakdown of five things your clients may have read in the nationals. This week: Absolute return funds come under the microscope, there's mixed news on the High Street, and one paper tips wine as a possible money-spinner for consumers...

clock 03 January 2012 •
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