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Nov 19, 2015 · HBOS was the result of a merger between the Bank of Scotland and Halifax plc. By Ramzan Karmali. Business reporter, BBC News. The long-awaited report co-authored by two regulatory bodies - the...
Jun 13, 2022 · Halifax Bank of Scotland (HBOS) - which was later bought by Lloyds Banking Group (LLOY.L) - was involved in a major fraud in the early 2000s at its branch in Reading, west of London, in which...
Jan 30, 2017 · The Halifax Bank of Scotland fraud trial is highly unusual in that senior bankers are convicted of crimes, including fraud and hiding the proceeds of crime, in the boom of irresponsible...
Mar 23, 2021 · The fraudulent trading, corruption and money laundering resulted in HBOS being writing off at least £245m in loans. Sources estimated that the fraud cost HBOS as much as £1bn. It also...
Jun 13, 2022 · Halifax Bank of Scotland (HBOS) - which was later bought by Lloyds Banking Group - was involved in a major fraud in the early 2000s at its branch in Reading, west of London, in which the...
Jun 13, 2022 · The HBOS Reading scandal has plagued Lloyds for a decade, casting a shadow over its reputation which has been deepened by the protracted failure to resolve it. Six people were jailed for their role in the fraud, which predated Lloyds' rescue of HBOS during the 2008 banking crisis.
Jun 30, 2017 · Victims of the HBOS Reading scandal have stepped up their attacks on a £100m compensation scheme after it emerged that the independent reviewer Lloyds Banking Group appointed to oversee it had...
Aug 26, 2022 · HBOS — which operated as Halifax and Bank of Scotland and was for a time the UK’s largest mortgage lender — went bankrupt in 2008 after years of excessive risk-taking and fraud. It was rescued by...
Dec 10, 2019 · A scheme to compensate customers caught up in a multi-million pound scam at an HBOS branch had "serious shortcomings", an independent report has found. Sir Ross Cranston, a law professor at the...
Jun 13, 2022 · Lloyds Banking Group Plc will offer a proposed £3 million ($3.65 million) in compensation to each victim of one of Britain’s largest banking scandals, according to a person familiar with the ...
