Category: HBOS


Iceland does what the US won’t: 26 top bankers sent to prison for role in financial crisis

‘Businessman lighting cigar with $100 dollar bill’ [Shutterstock] Reykjavík, Iceland – In stark contrast to the record low number of prosecutions of CEO’s and high-level financial executives in the U.S., Iceland has just sentenced 26 bankers to a combined 74…

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‘On the horizon’: UK on brink of ANOTHER catastrophic banking crash, warns insider

The Express  PUBLISHED: 12:02, Fri, Nov 6, 2015 | UPDATED: 16:43, Fri, Nov 6, 2015 BRITAIN’S banking industry has failed to learn a single lesson from the catastrophic crash that brought the economy to its knees, a senior industry figure…

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How Wall Street’s Bankers Stayed Out of Jail

The Atlantic William D Cohen September 2015 The probes into bank fraud leading up to the financial industry’s crash have been quietly closed. Is this justice? On May 27, in her first major prosecutorial act as the new U.S. attorney…

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UK Bank Fraudsters Lucky This Is Not America

Bill Moyers September 17, 2013 by Joshua Holland Hundreds of Wall Street Execs Went to Prison During the Last Fraud-Fueled Bank Crisis This combination of Associated Press file photos shows, left, Patrick Kenny a Specialist of Lehman Brothers working his post…

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Luyendijk: Don’t Blame the Bankers, It’s the System That Must Change

The Huffington Post Ian Fraser Posted: 19/10/2015 14:46 BST Updated: 19/10/2015 14:59 BST When trying to interview bankers and other City of London insiders for his Guardian banking blog three years ago – material which later formed the basis of…

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As You Were Boys, Business As Usual For Dysfunctional Bankers

BBC News 15 October 2015 From the section Business    Treasury waters down new rules on punishing bankers Image copyright Getty Images Bankers will not have to prove their innocence under new rules being proposed by the UK government. The…

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Legal Heavyweights ShenSmith Barristers In partnership with SBCB & SME Alliance

SBCB.ORG.UK 29-9-2015 ShenSmith Barristers, SBCB, SME Alliance all Join together in Fight for SME Victims of Bank Fraud to seek fair Redress. ShenSmith Barristers is a unique and remote business support service to barristers and chambers with unique beginnings where…

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Will The UK Ever Have A Banking System It Can Be Proud Of ?

Rowan Bosworth-Davies Financial Crime Expert Consultant Sep 13,2015 The banking criminals exposed. Jesus College, Cambridge hosted, once more, the world’s leading Symposium on Economic Crime, and over 500 distinguished speakers and panellists drawn from the widest possible international fora, gathered…

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Sleepless Nights For Senior Bankers

This Is Money By James Salmon for the Daily Mail Published: 21:57, 7 September 2015 | Updated: 21:57, 7 September 2015 SFO boss warns rogue bankers will be brought to justice with more individuals involved in rigging Libor interest rates…

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Banks batten down the hatches as wave of new mis-selling claims nears

The Times Katherine Griffiths Last updated at 12:01AM, September 7 2015  Nerves are rising among Britain’s big banks over the cost of a wave of fresh claims for product mis-selling. The numbers being whispered are astronomical. Some say that lenders…

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