Lloyds Sued Over HBOS Merger

28 Mar 2011

Lloyds TSB has been sued by a group of investors over its merger with HBOS.

Lloyds TSB has been sued by a group of investors over its merger with HBOS. The group, Lloyds Action Now, charges Lord Peter Mandelson, the U.K.’s former shadow secretary of state for business, with withholding information in a court case that HBOS had secretly received an emergency £25.4 ...

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