Job heading up merged Ladbrokes-Coral commerce increases pressure on City regulators to report on Hornby’s role in lenders demiseAndy Hornby,the former boss of failed bank HBOS, will secure a senior role in the gambling commerce formed from the merger of Ladbrokes and Gala Coral, or putting pressure on City regulators to publish a long-awaited report on his role in the mortgage lender’s implosion.
Hornby is to be appointed chief operating officer of the whole group and will pick up a large bonus following the merger,which is expected to be announced on Friday after more than a month of talks.
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Source: theguardian.com