An Accident Waiting to Happen': The Failure of Hbos, Report
35,99 €
inkl. MwSt.
Versandkostenfrei*
Versandfertig in über 4 Wochen
  • Broschiertes Buch

So far only one former HBOS director, Peter Cummings, has been penalized following the collapse of HBOS and its emergency takeover by Lloyds Bank. The report 'An Accident Waiting to Happen': the Failure of HBOS (HL 144, HC 705) concludes that Peter Cummings should not shoulder the blame alone, claiming that primary responsibility should also rest with three others: Sir James Crosby, Andy Hornby and Lord Stevenson, and calls on the new City regulator to consider barring them from taking up any future role in the financial sector. The report finds the three bankers guilty of 'catastrophic…mehr

Andere Kunden interessierten sich auch für
Produktbeschreibung
So far only one former HBOS director, Peter Cummings, has been penalized following the collapse of HBOS and its emergency takeover by Lloyds Bank. The report 'An Accident Waiting to Happen': the Failure of HBOS (HL 144, HC 705) concludes that Peter Cummings should not shoulder the blame alone, claiming that primary responsibility should also rest with three others: Sir James Crosby, Andy Hornby and Lord Stevenson, and calls on the new City regulator to consider barring them from taking up any future role in the financial sector. The report finds the three bankers guilty of 'catastrophic failures of management' in the run-up to the collapse of HBOS which resulted in its emergency takeover by Lloyds Bank. Lloyds later needed a 20.5 billion taxpayer bail-out at the height of the financial crisis as a direct result of its acquisition of HBOS. Senior executives of HBOS attempted to blame the losses on the temporary closure of wholesale markets as banks stopped