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UK Regulators Criticized for Going Easy on HBOS Bosses

by Starling Insights


Nov 28, 2022

Earlier this year, the UK Financial Conduct Authority (FCA) and Bank of England (BOE) cleared the former bosses of HBOS of misconduct in the lead-up to its near-collapse in 2008.

The 2022 Compendium is available now!

Now in its 5th year, Starling's Compendium features over 60 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

Trust Matters

by Karen Cook


Mar 26, 2019

As Bank of England Chief Economist Andy Haldane1 observes, “Finance is built on trust. It is based on promises about tomorrow, often paper promises backed by nothing other than words on a page. When trust in those promises breaks down, so too does the financial system.” Kenneth Arrow, the Nobel Prize-winning economist, was among the first to acknowledge the significance of trust in our day-to-day transactions. ... cont