Irish Independent logo Irish Independent 1 month ago

FSA probe HBOS information accuracy

The City watchdog is probing the "accuracy and completeness" of information given to investors by ailing bank HBOS before its rescue by Lloyds TSB last year, it has emerged. Full Article at Irish Independent

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  1. Nov. 9 (Bloomberg) -- Lloyds Banking Group Plc’sHBOS unit, which it agreed to buy last year as part of a government- approved takeover, is being investigated by Britain’s financial regulator over disclosures made prior to a 2008 capital raising. Full Article at Bloomberg.com

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  1. A pedestrian passes the head office of the Lloyds Banking Group in central London August 5, 2009.
  2. LONDON, ENGLAND - AUGUST 05:  A general view of a branch of Lloyds Bank in the City of London on August 5, 2009 in London, England.
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