Inside the deal that almost destroyed an institution

Non-fiction: Black Horse Ride: The Inside Story of Lloyds and the Banking Crisis. By Ivan Fallon. Robson Press, €33.25.

Ivan Fallon’s access to key Lloyds players gives the reader a front-row seat. Picture: Bloomberg
Ivan Fallon’s access to key Lloyds players gives the reader a front-row seat. Picture: Bloomberg

It can take time for a horse to reach a gallop. And so it proves with Ivan Fallon’s new book.

Black Horse Ride is a fair and balanced account of the financial crisis of the late 2000s, focusing on Lloyds TSB’s takeover of Halifax Bank of Scotland (HBOS). But Fallon – a financial journalist, and the former chief executive of ...