FSA Worried About HBOS 7 Years Ago!
The financial industry regulator, the Financial Services Authority (FSA), confirmed this week that is was concerned with activities and the business model of Halifax Bank of Scotland Group as long ago at 2007.
In the bun fight ‘blame game’ that is currently going on, we suggest both bankers and regulators are all at fault. Yet again though, we have seen no heads roll at the FSA.
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