Hbos

Andy Hornby and James Crosby, the former HBOS bosses who were under investigation for their part in the failure of banking group in 2008, have been let off without penalty after the conclusion of protracted joint investigations by the Financial Conduct Authority (FCA) and Prudential Regulation

HBOS has reigned supreme in Bestinvest's hall of shame Spot the Dog report which lists the "bad mutts" of the fund management industry. The report uses statistical fund performance data to identify funds that have consistently performed badly compared to their benchmark.

Former HBOS banker Damian Thompson has been appointed as Aldermore bank’s new group managing director of retail finance. Mr Thompson currently holds the role of director of mortgage and will succeed Susan Hayes, subject to regulatory approval.

Lloyds Banking Group has announced that it will award £35,000 to almost 200 fraud victims who suffered at the hands of the HBOS Reading scam. The announcement to award the victims comes after the group was criticised for the way it handled treated small business owners whose livelihoods were a

Lloyds Banking Group has been forced to reopen a compensation scheme set up for victims of fraud after a report revealed the bank allowed "serious shortcomings" to occur. Scores of small business owners were affected by the £1 billion HBOS scandal where consultants linked with an HBOS facility

Shareholders from Lloyds Bank have lost a multi-million-pound claim against the bank over its purchase of HBOS in 2009. A total of 5,803 former Lloyds TSB shareholders claimed they were "mugged" when the bank recommended the deal without disclosing HBOS's true financial position which turned out to

Sir Peter Burt Sir Peter Burt, former chief executive of Bank of Scotland, has passed away at the age of 73.

Lloyds Banking Group has been ordered to reveal legal advice it received in the run-up to its takeover of Scottish bank HBOS during the 2008 financial crisis. Mr Justice Nugee, in a pre-case hearing at the High Court in London, ruled in favour of the Lloyds Shareholder Action Group, who have demande

Andrew Tyrie, chair of the Treasury committee MPs have been advised that a 500-page report into the collapse of Scottish bank HBOS has been delayed, possibly delaying it being published until 2016.