HBOS bosses under pressure after banking commission report


Pressure is growing on the three senior HBOS bankers accused of a "colossal failure" over the bank's 2008 collapse.

The Banking Standards Commission says regulators should consider barring Sir James Crosby, Andy Hornby and Lord Stevenson from future banking jobs.

One MP has also called for Sir James, described as the "architect" of HBOS's downfall, to be stripped of his title.

The bank was forced to merge with Lloyds in early 2009 and received a £20.5bn taxpayer bailout.

Robert Peston reports.

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