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When does file on four report on HBOs?
File on Four will have a special report about the case on BBC Radio Four on Tuesday 31 January at 20:00.
How big was the merger of HBOS and Lloyds?
LloydsTSB’s acquisition of HBOS was the largest merger in European banking history. The merger instantly created the biggest retail bank in the UK with more than 25 million customers. Each bank came with its own IT platforms.
What was the significance of the HBOS case?
The implications are serious because the board of HBOS, its successor Lloyds Banking Group, the FSA, the Serious Fraud Office, and the Treasury were alerted to allegations about HBOS Reading in 2007 but repeatedly failed to investigate.
Who was convicted in the HBOS fraud case?
Michael Bancroft, one of those convicted for his part in the fraud, after a four-month trial at Southwark Crown Court.
Last Update: Oct 2021
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