Senior executives of HBOS tried to blame the losses on the temporary closure of wholesale markets.
As a result of the crunch, HBOS was taken over by Lloyds Banking Group.
In 2007, he became deputy chairman of the FSA following his resignation from HBOS in 2006.
Greenberg thinks Epix's technology will be enough to separate it from the HBOs of the world.
Lloyds TSB was pushed into taking over HBOS in 2008, following a run on its shares.
Morgan Stanley surprised markets by declaring it had taken a sizeable short position in HBOS's stock.
The alleged offences originated from HBOS's Impaired Assets team based at the Reading branch.
Among those charged are former senior managers at HBOS, Lynden Scourfield, 50, and Mark Dobson, 52.
This second, new, report on HBOS shows that the disaster happened through the commercial property division.
The Banking Standards Commission report called him the "architect" of the strategy that led to HBOS' downfall.
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The announcement will put pressure on the biggest mortgage lender, HBOS, which has also taken taxpayer cash.
Bank of America's purchase of Merrill Lynch and Lloyds TSB's takeover of HBOS have been horror stories.
Earlier this week, Mr Daniels defended the merger with HBOS to MPs on the Treasury Select Committee.
Mr Darling said allowing HBOS to collapse would have had knock-on effects for all of Britain's banks.
Unite said the announcement came after months of discussion within Lloyds after the acquisition of HBOS in September.
HBOS, which unveiled decent results this week, and NatWest have been at it for a couple of years.
The loans came from the Halifax Bank of Scotland (HBOS) branch at Beauclerc House in Queens Road, Reading.
He told the commission HBOS had failed to foresee the credit crunch, when banks stopped lending to each other.
That said, a large degree of what went wrong at HBOS was - to coin the phrase - systemic.
While the three executives saw their "Approved Person" status at HBOS lapsing, they did not face any further sanctions.
While investors may welcome the news of cost savings, HBOS staff are worried.
The same was being done for other banks like HBOS and Lloyds TSB.
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The former and current bosses of HBOS appeared before his committee this week.
He said the collapse of HBOS raised "significant issues about the conduct" of KPMG and its then chairman, John Griffith-Jones.
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Most of the bailed-out firms, including HBOS, Lloyds (which then bought HBOS) and Northern Rock, did not own investment banks.
In 2008 the British government had to bail out Royal Bank of Scotland (RBS) and HBOS, Scotland's two biggest banks.
Yesterday the the prime minister's spokesman refused to say whether Mr Cameron felt comfortable with the HBOS bankers keeping their titles.
On Friday HBOS, which includes the Halifax, withdrew its entire mortgage range for borrowers and replaced it with more expensive deals.
Lord Stevenson, who presided as chairman of HBOS throughout its 8-year existence, is currently a non-executive director at the bookseller Waterstone's.
Lord Stevenson, who presided as chairman of HBOS throughout its eight-year existence, is currently a non-executive director at the bookseller Waterstone's.
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