Defendants mismanaged troubled businesses for their own gain Participants used cash and high-class escorts as rewards Ex-HBOS Plc bankers accepted expensive gifts, luxurious foreign travel and high-class escorts to ... Read More
Britain’s accounting watchdog aims to publish a full report in coming weeks into how banking group HBOS was audited by KPMG before the lender collapsed in 2008 during ... Read More
The Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have decided to start investigations into certain former HBOS senior managers. These investigations will determine whether or not ... Read More
The Financial Reporting Council’s (FRC) Conduct Committee has reviewed the full report from the PRA and FCA into the failure of HBOS plc. and has asked the FRC’s Executive ... Read More
The “big four” auditing firm KPMG has found itself under renewed pressure over its role in signing off HBOS’s books in the years before the bank collapsed. The Bank ... Read More
Britain’s accounting standards watchdog has made a “serious mistake” in refusing to open a formal investigation into accountancy firm KPMG over the way it checked the books of HBOS ... Read More
TENSIONS between HBOS’s senior management and the bank’s auditor KPMG have been exposed in the long-awaited bumper report into the financial institution’s epic failure. The 500-page tome, which took ... Read More
The Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) are today publishing the review into the failure of HBOS Group. This review was originally started by the ... Read More
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