Also found in: Wikipedia.
HBOSHalifax Bank of Scotland
References in periodicals archive ?
HBOS were crippled by the seizure of the wholesale funding market on which they relied to fund their lending.
Opening submissions are set to be given at the Royal Courts of Justice tomorrow, marking the start of a 14-week trial brought by the Lloyds/ HBOS Shareholder Action Group.
The UK's Financial Reporting Council (FRC) has said that it is ending its probe on accountancy firm KPMG's audit of lender, HBOS.
Lawyers for the TV host have written to Lloyds boss Antonio Horta-Osorio demanding payment for "immense economic loss" and "distress and inconvenience" following the HBOS fraud scandal.
Now Huddersfield MP Barry Sheerman and HBOS whistleblower Paul Moore are calling on all those affected to come together next week to share their experiences and add their voices to a grass-roots campaign to "restore trust, ethics and integrity in society".
The Bank of England on Friday revealed that the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have publish the detailed Terms of Reference (ToR) for the review into the failure of HBOS plc (HBOS).
Crosby asked to rescind his knighthood after a damning report by the Banking Standards Commission accused him and other HBOS executives of a "colossal failure" over the bank's collapse during the financial crisis.
The Financial Reporting Council (FRC) confirmed it would consider launching an investigation of KPMG's role following last week's damning Parliamentary Commission report on HBOS.
Commenting on the publication of its Fourth Report, the Chairman of the Parliamentary Commission on Banking Standards, Andrew Tyrie MP, said, "The HBOS story is one of catastrophic failures of management, governance and regulatory oversight.
And Mr Cable has warned that the claim from HBOS is legitimate, leaving more than 6,000 workers hoping for trust fund payments of up to pounds 2,500 at the mercy of a courtroom battle.