QUOTE AND NEWS
guardian.co.uk  Feb 7  Comment 
Bank to consider whether businesses conned by Lynden Scourfield and his associates should receive compensation Lloyds Banking Group has apologised for the impact of the £245m loan scam at HBOS and pledged to examine whether any of the small...
Yahoo  Feb 7  Comment 
Lloyds Banking Group (LLOY.L) is to review the cases of British businesses which lost out in a 245 million pound ($303 million) fraud for which six people were jailed last week. The fraud involved two former bankers of HBOS, once Britain's biggest...
Financial Times  Feb 6  Comment 
Compensation will be complicated but Horta-Osório has chance to repair his, and his bank’s, reputation
BBC News  Feb 6  Comment 
MPs urge Lloyds to pay compensation to victims of a fraud facilitated by two former employees, who were jailed last week.
Clusterstock  Feb 3  Comment 
LONDON — A former HBOS banker and five others were sentenced to a combined 48 years in prison on Thursday for a scam that cost the lender  £245 million ($286 million) and ruined the finances of small business clients. Lyndon Scourfield, who...
Financial Times  Feb 2  Comment 
Lynden Scourfield ‘sold his soul’ for bribes and sex parties, said judge
guardian.co.uk  Feb 2  Comment 
Fraud bankers and consultants indulged in sex parties and luxury holidays as their victims lost homes and businesses A group of bankers who ran an “utterly corrupt scheme” that left hundreds of small business owners “cheated, defeated and...
Clusterstock  Jan 30  Comment 
LONDON — Six people accused of bribery and fraud that cost Halifax Bank of Scotland (HBOS) £245 million ($317 million) were found guilty on Monday. Five of the six on trial –  David Mills and Michael Bancroft who ran Quayside,...
BBC News  Jan 30  Comment 
Mondo Visione  Nov 8  Comment 
The Treasury Committee information has recently been updated. Letter from Andrew Bailey, Chief Executive, FCA to Andrew Tyrie 28 October 2016 08-11-2016 12:00 AM GMT   Financial Conduct Authority response to the recommendations made by...
Financial Times  Sep 30  Comment 
Claims bank manager was given cash, travel and escort services




 
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HBOS plc is a United-Kingdom based company. It is the holding company of the HBOS Group. It operates through five divisions: Retail, Corporate, Insurance & Investment, International and Treasury & Asset Management. The Company’s Retail range of products includes personal and business banking products and services to 23 million customers. In October 2008, Commonwealth Bank of Australia announced that it has acquired the Bank of Western Australia Limited (BankWest) and St Andrew’s Australia Pty Ltd (St Andrew’s) through the execution of a sale and purchase agreement with United Kingdom-based HBOS plc.

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