Bailed out British bank was 'accident waiting to happen'

  • 11 years ago
A damning report about bailed-out British bank HBOS.

The Parliamentary Commission on Banking Standards says it was so badly run it would have failed even without the 2008 financial crisis

Lawmakers on the Commissioner - which was tasked with finding ways to reform UK banks - it was an "accident waiting to happen" and that there was a "colossal failure of senior management".

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http://www.euronews.net/

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