TSB report raises further questions over parliament appearance
IBM indicates bank’s IT problems were more wide-ranging than Paul Pester said
TSB has come under further pressure over the information it provided to parliament about its recent computer meltdown following the disclosure of a technical report into the IT crisis at the embattled bank.
The leak comes after MPs on the Treasury committee were told by the Financial Conduct Authority, the City watchdog, that the TSB chief executive, Paul Pester, may have been aware that more wide-ranging problems had caused the computer collapse at the bank. IBM, the computing giant that was hired by TSB to help deal with the crisis after it erupted in April, had made preliminary conclusions that the problems were related to “custom and package applications, middleware services and the network,” according to the Sunday Times.
Source: The Guardian