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HBOS 'colossal' failure blamed on its bosses

5 years ago11 views

HBOS - the British bank that had to be bailed out with over thirty billion euros worth of taxpayers money - was so badly run it would have failed even without the 2008 financial crisis .. according to the UK's Parliamentary Commission on Banking Standards.

The Commission says its former bosses should be banned from the industry for their "colossal failure".

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http://www.euronews.net/