HBOS’s demise, the young star, government adviser and Lord

Andy Hornby was heralded as a “star successor” when he became the youngest boss of a British bank in July 2006, arriving as an outsider from retailing to liven up the stodgy world of banking.

But less than three years later HBOS needed rescuing by the British taxpayer and rival Lloyds, and Hornby is one of three people whom UK lawmakers are blaming in a scathing report released on Friday.

via Business feed http://www.scmp.com/business/banking-finance/article/1207475/hboss-demise-young-star-government-adviser-and-lord