A bank owes a duty of reasonable skill and care to its customers when executing a customer's order (commonly known as theQuincecareduty). A bank will have liability if it executed an order knowing it to be dishonest, or was wilfully blind or reckless in failing to make sufficient enquires...
THE combination of Lloyds TSB and HBoS will create a giant bank with a monster share of the mortgage and savings market. Its combined network of nearly 3,000 branches will dwarf that of any rival. Only the Post Office, itself about to conclude the cull of thousands of branches, will boast...