Lloyd’s fines former Hampden director £96k for unauthorised loans
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Lloyd’s fines former Hampden director £96k for unauthorised loans

A photograph of the Lloyds Building in London from ground up

Lloyd’s has fined a former Hampden Agencies client director more than £96,000 ($131,000) for “discreditable conduct” relating to unauthorised loans he set up for the Society of Lloyd’s members and a Hampden client.

Gregory White received commission totalling £221,268 for facilitating 16 loans over a two-year period.

White facilitated the loans for a client of Hampden, despite it being in no way part of his role, and the fact that he was not...

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