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BBC, January 2017: The Halifax Bank of Scotland fraud trial is highly unusual in that senior bankers are convicted of crimes, including fraud and hiding the proceeds of crime, in the boom of irresponsible lending ahead of the 2008 crash.

April 24, 2017

BBC.NEWS, 30 January 2017
Between 2002 and 2007, small business owners were transferred to HBOS’ corporate division, headquartered at its Reading regional HQ at Beauclerc House, 3 Queen’s Road, Reading and classified as ‘high risk’ – even where they had never missed a repayment.
The Head of the Bank’s Impaired Assets Division, based in Reading, Lynden Scourfield would require business owners, as a condition of the bank’s continued support, to appoint his favoured turnaround consultants Quayside Corporate Services (QCS), run by David Mills and Michael Bancroft.

SOURCE:

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