Lloyds’ Bank of Scotland unit fined 45.5 mln pounds over HBOS fraud disclosure failings
Britain’s financial watchdog said it had
fined Bank of Scotland, part of Lloyds Banking Group,
45.5 million pounds ($57.69 million) for failing to disclose
suspicions that fraud may have occurred at the Reading-based
Impaired Assets team of Halifax Bank of Scotland.
fined Bank of Scotland, part of Lloyds Banking Group,
45.5 million pounds ($57.69 million) for failing to disclose
suspicions that fraud may have occurred at the Reading-based
Impaired Assets team of Halifax Bank of Scotland.
Posted by Reuters
