Lawmakers urge executive bans for "colossal" HBOS failure

Bailed-out British lender HBOS was so badly run it would have failed even without the 2008 financial crisis and the regulator should consider banning its former bosses from the industry, UK lawmakers said in a damning report. The Parliamentary Commission on Banking Standards, tasked with finding…

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Lawmakers urge executive bans for "colossal" HBOS failure

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