Britain's Lloyds fined $58 million for HBOS fraud failings
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LONDON (Reuters) - Britain's financial watchdog has fined Lloyds Banking Group 45.5 million pounds for failures to disclose suspicions of fraud at an HBOS branch in Reading, southern England.The fine is a further embarrassment for Lloyds as banks continue to pay for misbehaviour during the financial crisis a decade ago when Britain had to bail out several lenders.Halifax Bank of Scotland (HBOS) was involved in one of Britain's biggest banking frauds which led to six people, including two former..