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BRITAIN-BANKING-REGULATE-COMPANY-HBOS-FILES
(FILES) In this file picture taken on September 18, 2008 Chief Executive Officer of Halifax Bank of Scotland (HBOS) Andy Hornby is pictured at a meeting at the Lloyds TSB headquarters in central Londonafter it was announced that British bank Lloyds TSB was taking over distressed rival Halifax Bank of Scotland (HBOS) in a 12.2-billion-pound (15.4 billion euro, 21.8 billion dollar) deal. Former bosses at British bank HBOS were slammed on April 5, 2013 for a "colossal failure" of management, pursuing a high-risk strategy that sparked its downfall at the height of the global financial crisis, lawmakers said in a key report. Halifax Bank of Scotland (HBOS) was saddled with high-risk investments in the property sector and was rescued by Lloyds TSB in a 2008 takeover that was brokered by the then-Labour government. AFP PHOTO / POOL / JOHN STILLWELL
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Detalii fotografie |
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London, Greater London, UNITED KINGDOM |
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AFP / Mediafax Foto |
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| Fotograf: |
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John Stillwell |
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| Data: |
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5 Aprilie 2013 |
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| Dimensiuni: |
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1814 x 2848 (922.18 KB) |
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