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5corpio started a blog post Lloyds sued by U.S. investors demanding compensation for HBOS dealLloyds sued by U.S. investors demanding compensation for HBOS deal
US shareholders in Lloyds at the time of its takeover of HBOS have launched lawsuits against the bank, its former chairman, Sir Victor Blank, and ex-chief executive Eric Daniels. They are seeking compensation through the US courts for the disastrous deal. Investors claim Lloyds and its top brass failed to disclose that the Bank of England had secretly supplied £25billion of emergency funds to keep HBOS afloat, or that the US Federal Reserve had provided a further $11billion....Read more here--: Lloyds sued by U.S. investors demanding compensation for HBOS deal | This is MoneyYou must be logged in to post a comment.
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