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Banking standards grilling for Hornby

ANDY Hornby, the former Halifax Bank of Scotland (HBOS) chief executive, will next week be grilled by a parliamentary panel about his actions in the run-up to the bank's takeover by Lloyds TSB during the 2008 financial crisis.

The combined Lloyds Banking Group later needed a £20 billion taxpayer bailout.

Mr Hornby will appear alongside predecessor Sir James Crosby, HBOS chief executive between 2001 and 2005, at a hearing of the Parliamentary Commission on Banking Standards.

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Finance

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