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Lloyds chief says sorry but HBOS row rages Lloyds £4bn cash call as chairman search begins

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A couple of issues for Lloyds

28.10.09
... more

Is the price right to sign up with E.On?

05.10.09
“There is not a clear message regarding future wholesale costs movements that can be communicated to customers” E.On’s Paul Golby obliquely commented recently, on the chances of a cut in retail prices for Britain’s households...... more

City Spy: So upbeat at Sir Victor’s leaving do

18.09.09
Much jollity at Sir Victor Blank’s leaving party at Lloyds Banking Group headquarters in Gresham Street the other evening... more

Counting the cost a year after Lloyds' takeover of HBOS

17.09.09
One year ago today, the news broke that Lloyds TSB was going to take over HBOS in a £12.2 billion all-share deal. With the benefit of hindsight, it is still staggering to read the press release issued to the Stock Exchange the following morning, 18 September... more

City Spy: Time for Kingman to make a fortune

29.07.09
So Brownite Treasury civil servant John Kingman is quitting as £143,000-a-year chief executive of UK Financial Investments, which oversees the Government's stakes in Royal Bank of Scotland, Lloyds, Bradford & Bingley, etc... more

Bischoff news fails to inspire Lloyds

28.07.09
Lloyds Banking Group shares rose just 1.5% on news that veteran banker Win Bischoff is to take over as chairman from Sir Victor Blank in September ... more

Debt commissioners are the Pitts - it's time they woke up

23.07.09
This is a wake-up call for the Speaker of the House of Commons. Also for the Chancellor of the Exchequer, the Master of the Rolls, the Paymaster-General and the Governor of the Bank of England and his deputies ... more

City Spy: Who is spinning fast over UKFI?

14.07.09
UK Financial Investments, the quango set up to look after taxpayer stakes in Lloyds Banking Group and Royal Bank of Scoltand, is clearly unhappy about the amount of media attention it is attracting ... more

Real dust-up on the cards as banks bailout saga plays out

02.07.09
Once again, this Government has created a beast it cannot control. When Lloyds TSB, HBOS and Royal Bank of Scotland turned to the Treasury for their combined £37 billion bailout last year, wiser voices than mine argued for full rather than part privatisation ... more

Stroppy shareholders are making the hot seat just too uncomfortable

25.06.09
BP may finally have got its man, but a number of other companies remain chairmanless amid fears that the role at some of Britain's biggest companies may have become just too unpalatable.... more

Lloyds chief says sorry but HBOS row rages

05.06.09
Ousted Lloyds Banking Group chairman Sir Victor Blank today apologised to furious shareholders but insisted the takeover of failed rival HBOS was the right thing to do ... more

Taxpayer body approves pay at Lloyds after Blank’s exit

02.06.09
The government body which looks after the taxpayer’s stake in bailed-out UK banks today gave its backing to the Lloyds Banking Group board after the ousting of chairman Sir Victor Blank ... more

Yes men to blame for the gravy train

01.06.09
How often have supposed shareholder revolts on directors' pay turned into a damp squib? Very. Much of the blame can be laid at the door of the institutional shareholders. ... more

It’s taking a mere 750 staff to wind up Lehman

19.05.09
A 750-strong team of PricewaterhouseCoopers and former bank staff handling the Lehman administration is thinking of leaving the bank’s old headquarters at Canary Wharf for cheaper premises in the City? ... more

Barclays bank ‘insider’ stole £455,000 from Lloyds boss

19.05.09
A Barclays “client executive”, who helped steal £455,000 from Lloyds TSB chairman Sir Victor Blank, was jailed for three years... more

Lloyds leads banking rally ahead of tasty £4bn placing

19.05.09
It has been an eventful week for Lloyds Banking Group - and it's only Tuesday. The shares today firmed 0.9p to 98.9p ahead of tomorrow’s share placing... more

Chairmen must face an annual test

18.05.09
It was suggested here last Monday that it would be best if Sir Victor Blank stood down as chairman of Lloyds Banking Group rather than put the business through the strains of a shareholder revolt against his re-election. That is the decision he has wisely taken and he can now move on.... more

Lloyds £4bn cash call as chairman search begins

18.05.09
As Lloyds Banking Group began its search for a new chairman today, it launched a £4 billion fund-raiser to buy back the Government’s preference shares. ... more

Lloyds Chairman Blank to quit in next year

18.05.09
Sir Victor Blank is to step down as chairman of Lloyds Banking Group in the next year, following intense criticism of his part-nationalised British bank’s purchase of troubled rival HBOS ... more

Brown’s £24bn Post Office windfall

11.05.09
John Ralfe, the pensions consultant, did a public service over the weekend when he blew the whistle on the Government’s plans for the Royal Mail pension fund ... more

Knives out for Sir Victor at dons' high table

20.03.09
No one seems to have a good word for Sir Victor Blank, chairman of Lloyds, who happily signed up to the merger of HBOS without, as his chief executive admits, doing anywhere near enough due diligence... more

These bosses should join Goodwin in hall of shame

27.02.09
... more

Victor really a loser in the big banks merger?

23.02.09
Is all well at the top of Lloyds Banking Group? When Lloyds merged with HBOS, there was euphoria at the former's coup. ... more

Hold the Krug as Davos hosts last hurrah for money men

27.01.09
Economics: As the world’s richest and most powerful executives fly out to the luxury Alpine resort of Davos, the hotels and restaurants hosting their glittering parties and dinners are braced for chill economic winds... more

Spineless lackeys must join list of shamed bankers

20.01.09
... more

Lloyds TSB boss in house price warning

17.12.08
Sir Victor Blank today said he suspects house prices could fall by up to another 10% in 2009 ... more

HSBC did well – by ignoring City’s rules

15.12.08
Which of our High Street banks has for the most part ridden out the financial crisis? Yep, HSBC, the bank that rode roughshod all over corporate governance rules by successively appointing their chief executives to be chairman... more

One chance for Lloyds’ owners to ditch this rotten deal

16.10.08
If Eric Daniels, Lloyds’ introverted chief executive, really thinks that the Government, with over 40%, is “just another name on the shareholder register” he ought to get out more... more

The revenge of the nerds

18.09.08
As the PM steps in to ensure the survival of HBOS, our City editor tells the story of the people at the heart of this great drama... more

Now Lloyds sends in the old-fashioned bankers

18.09.08
It's painful to say so, but HBOS really doesn’t deserve to survive as an independent bank... more

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