Three former HBOS directors blamed for the banking group's collapse in a damning report may be banned for life as company directors. Business Secretary Vince Cable has ordered a probe to see if enough evidence can disqualify the trio.
Justin Urquhart Stewart, director at Seven Investment Management, has told ITV Daybreak that HBOS "didn't have a very good management structure."
A parliamentary report published today catalogues the errors which led to the collapse of the Bank of Scotland and Halifax.
A former boss of state-owned bank HBOS has said he will hand back his knighthood and almost a third of his pension after damning criticism.
A parliamentary report published today catalogues the foolish ambition which led to the collapse of the Bank of Scotland and Halifax.