Patrick Evershed lost his cool on his last day at New Star, attacking the firm's CIO for preventing him topping up a position in HBOS, an employment tribunal heard today.
The Financial Services Authority (FSA) will make public its report into the collapse of HBOS, including any details of its own regulatory failings, but will not do the same for its investigation into Bradford & Bingley (B&B).
Influential asset manager Schroders has branded suggestions that Lloyds Banking Group sell more than the recommended 630 branches as setting "a dangerous precedent for UK banks".
HBOS is understood to be at the centre of Lloyds's admission it is one of several banks being investigated by US authorities for Libor manipulation.
A group of investors seeking to recoup £2bn of share value lost when Lloyds TSB merged with HBOS have accused Lord Mandelson of withholding evidence which could have stopped the flawed deal.
An alleged £1bn HBOS corporate fraud was known to former directors of the state-rescued bank, but they failed to act on the information, according to sources close to police investigators.
The FSA may keep the outcome of investigations into HBOS and Bradford & Bingley secret unless it finds wrongdoing.
Lloyds Banking Group has announced it is to close Black Horse Personal Finance with the loss of 420 jobs.
Lloyds chief executive Eric Daniels says the banking giant "did the country a great service" in taking over stricken lender HBOS last year.
The Lloyds Banking Group has returned to profitability after posting a £1.6bn before tax profit in the first half of the year.