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Hubris: How HBOS Wrecked the Best Bank in Britain

by (Birlinn)

(200 reviews)

£7.19 £8.99 Save 20%

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In 1995 Bank of Scotland celebrated 300 years as Britain's oldest commercial bank. Voted 'most admired bank', respected by competitors, applauded by investors and trusted by customers, it looked forward to the next three hundred. Less than 15 years later it was bust, reviled as part of the spectacular collapse of HBOS, the conglomerate it had joined. One of the high-profile victims of the credit crunch, its spectacular fall caused seismic shock waves throughout the financial world. What went wrong?

Ray Perman, who has followed the Bank since the 1970s when he was a Financial Times journalist, uncovered the story from documents and dozens of interviews with people at the top in Bank of Scotland and HBOS - from being the bank of choice for the highrolling Monte Carlo mega-rich to losing GBP10 billion. It is a cautionary tale for our times. In the complex world of modern global finance, the brilliant men who ran the company ignored the simple banking rules that their predecessors learned the hard way three centuries before.

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  • We started tracking this book on July 23, 2013.
  • This book was £9.04 when we started tracking it.
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  • The current price of this book is £7.19 last checked 5 hours ago.
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  • The lowest price to date was £1.49 last reached on December 19, 2013.
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  • The highest price to date was £9.04 last reached on July 23, 2013.
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Additional Info

  • Publication Date: August 1, 2013
  • Text-to-Speech: Disabled
  • Lending: Disabled
  • Print Length: 385 Pages
  • File Size: 45 KB

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