article_snippet: Mr Osborne was convinced by its investment bank former management, including Mr Hester, that it could trade it way out of trouble.
article_snippet: Before the 2008 financial crisis, the investment bank was one of the largest and most aggressive banks in the world.
article_snippet: the investment bank was founded in Edinburgh in 1727, but by the end of the 20th century the investment bank was a major player in the City of London too as the UK capital became the world's leading financial centre.