Official verdict on near collapse of the bank will keep fresh focus on behaviour of bankers in 2008 crisisThe long-awaited official report into what went wrong at HBOS – and who was to the blame for the near-collapse of the bank – is to be published next Thursday.
The 500-page report will keep fresh focus on the behaviour of bankers in the speed-up to the 2008 crisis when HBOS had to be rescued by Lloyds and the enlarged bank then had to be bailed out with £20bn of taxpayer funds.
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Source: theguardian.com