All HBOS articles

  • Business leaders

    HBOS case latest example of U.K. senior exec accountability woes


    The Prudential Regulation Authority and Financial Conduct Authority ending their six-year investigations into former senior managers at HBOS without enforcement serves as reminder of the United Kingdom’s checkered history of bringing executives to book.

  • Blog

    Lloyds HBOS case hauls more executives into court


    Thousands of shareholders have filed a claim against banking group Lloyds and five of its former directors for being misled about HBOS’ financial health when they voted to let the deal go ahead in November 2008.

  • MagnifyingGlassOnMoney

    FRC announces investigations into KPMG and PwC


    The U.K. Financial Reporting Council, an independent investigative body that monitors and enforces accounting standards, is looking into audits made of financial services companies in the days preceding the global financial crisis of 2008-2009, starting with a delve into the work of two key accountancy firms—KPMG and PwC. Paul Hodgson ...