HBOS Bosses 'Leant On Auditors', Probe To Say

Sky News can reveal that a report to be published on Thursday will make the explosive allegation that HBOS executives leant on KPMG to approve their own analysis of impairment charges, despite the audit firm taking a more pessimistic view about the bank's balance sheet. The news will fuel a growing belief that City watchdogs are to launch formal prohibition proceedings which would ban former HBOS board members from ever again working in the financial services industry. A source said the con