Lloyds fined $58 million over HBOS fraud disclosure failings
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LONDON (Reuters) - Britain's financial watchdog has fined Lloyds Banking Group 45.5 million pounds ($58 million) for failures at one of its businesses to disclose suspicions of fraud.The fine for the failings at an HBOS branch in Reading, southern England, closes one of the remaining regulatory chapters after 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 ever banking frauds in the early..