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Lloyds Not ‘Compelled’ By Government To Acquire HBOS

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Lloyds Banking Group was not told by the UK government to acquire HBOS despite the stricken bank being on the verge of collapse, its ex-finance director has told the High Court. Tim Tookey, who is now finance director of Old Mutual Wealth, was giving evidence in a £550m lawsuit brought…

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Click here to read the full story: FT

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