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Item Details
| Title:
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HUBRIS
HOW HBOS WRECKED THE BEST BANK IN BRITAIN |
| By: |
Ray Perman |
| Format: |
Paperback |
| List price:
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£9.99 |
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We believe that this item is permanently unavailable, and so we cannot source
it.
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| ISBN 10: |
1780271328 |
| ISBN 13: |
9781780271323 |
| Publisher: |
BIRLINN GENERAL |
| Pub. date: |
15 July, 2013 |
| Pages: |
256 |
| Description: |
A unique insight into the collapse of one of the world's oldest banking institutions. Ray Perman charts the rise, and the fall of the Bank of Scotland that caused seismic shock waves throughout the financial world. |
| Synopsis: |
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. |
| Illustrations: |
Illustrations |
| Publication: |
UK |
| Imprint: |
Birlinn Ltd |
| Returns: |
Returnable |
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