Jump to content
House Price Crash Forum

'no Evidence' In Hbos Rumours Probe


Recommended Posts

0
HOLA441

http://ukpress.google.com/article/ALeqM5gf...urHHrlcVHwujJww

The City's watchdog has formally ended its inquiry into the false market rumours which hit shares in Halifax Bank of Scotland in March.

The Financial Services Authority (FSA) said it found no evidence that the rumours were spread as part of a "concerted attempt" by individuals to profit by manipulating HBOS's shares.

The FSA and Bank of England were forced to step in with public statements of reassurance after rumours of a funding crisis sent the bank's shares tumbling nearly 20% on March 19.

Link to comment
Share on other sites

1
HOLA442
2
HOLA443

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
  • Recently Browsing   0 members

    • No registered users viewing this page.




×
×
  • Create New...

Important Information