Companies linked to Southern Cross Healthcare could become responsibility of bank, which lent to them in 2007 The taxpayer-backed Lloyds Banking Group could shortly find itself the owner of a string of care homes housing many thousands of Britain's most vulnerable elderly residents, as a second wave of financial troubles hits companies linked to failed Southern Cross Healthcare. Through its notorious Bank of Scotland corporate lending unit, then headed by Peter Cummings, the bank was among a han...
Companies linked to Southern Cross Healthcare could become responsibility of bank, which lent to them in 2007 The taxpayer-backed Lloyds Banking Group could shortly find itself the owner of a string of care homes housing many thousands of Britain's most vulnerable elderly residents, as a second wave of financial troubles hits companies linked to failed Southern Cross Healthcare. Through its notorious Bank of Scotland corporate lending unit, then headed by Peter Cummings, the bank was among a han...
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