Category Archives: HBOS

Britain Begin Prosecuting Bankers Involved In 2008 Crash | Your News Wire

September 13, 2016 by Sean Adl-Tabatabai

A group of top bankers in Britain are to go on trial in London as authorities begin the process of arresting and prosecuting those responsible for the 2008 financial crash. 

A group of HBOS bankers are the first to go on trial charged with fraudulent trading, money laundering, and conspiracy to corrupt. Southwark Crown Court will host the historic trial , which is expected to open the floodgates for similar cases in the months ahead.

Presstv.com reports:

Two former senior HBOS managers and six other defendants will appear in court this month.

The heavily postponed trial was originally scheduled to start in the beginning of the year. The defendants were initially charged in 2013.

Continue reading Britain Begin Prosecuting Bankers Involved In 2008 Crash | Your News Wire

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