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Eric Daniels (Executive)

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Let’s lift lid on Merrill’s Lloyds treasure chest

10.11.09
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‘Huge discount’ possible in Lloyds rights issue

03.11.09
Lloyds Banking Group shares could be sold for as little as 15p each in its £13.5 billion rights issue it was revealed... more

Scottish Widows slump

03.11.09
The future of Scottish Widows was in the spotlight after it emerged sales at the pensions and insurance division of Lloyds Banking Group have cratered... more

A couple of issues for Lloyds

28.10.09
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How to turn Lloyds back into a stallion

16.10.09
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Lukewarm reaction to Lloyds’ £25bn cash plans

08.10.09
City investors reacted cautiously today to Lloyds Banking Group’s new plans to raise £25 billion ... more

Lloyds could walk away from toxic asset scheme

18.09.09
Lloyds Banking Group says it has not ruled out withdrawing from the Government’s insurance scheme for toxic assets... 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

Europe warns Lloyds on Halifax

16.09.09
Pressure was mounting on Lloyds Banking Group chief executive Eric Daniels, as regulators in Brussels consider forcing the part-nationalised bank to offload mortgage lender Halifax... more

Comment: Spreadsheet theory v reality

10.08.09
It’s all well and good getting your Windows XL spreadsheet out and crunching the numbers for a Lloyds Banking Group rights issue and coming up with the answer that this all makes marvellous sense ... more

Punters pause for breath after last week’s bull run

10.08.09
Stock-market investors chose to pause for breath and take profits in the wake of last week’s strong run, which carried leading share prices above the 4700 mark to their highest level since October last year... more

Rights issue move fails to impress Lloyds investors

10.08.09
Shares in Lloyds Banking Group dropped 5p to 97p as the market reacted cautiously to the growing likelihood that it will launch a multi-billion pound rights issue... more

Blunders at HBOS cost Lloyds £11bn

05.08.09
The shocking state of the HBOS finances was laid bare as its new owner Lloyds Banking Group racked up losses of nearly £4 billion after £13.4 billion of loans turned sour... more

Beware the threat of a double-dip recession

14.07.09
Fears about new losses at bailed-out banks such as Lloyds are casting a shadow over the stock market as hopes of recovery stall ... more

Bischoff lined up to succeed Blank at Lloyds

01.07.09
Lloyds Banking Group refused to confirm that veteran banker Sir Win Bischoff will replace Sir Victor Blank as its next chairman... more

Lloyds to make another 1660 redundant as it axes C&G

09.06.09
Lloyds Banking Group said it will axe another 1660 jobs and close all 164 of its Cheltenham & Gloucester branches... more

Lloyds starts bailout payback with £4.3 billion for taxpayer

08.06.09
Lloyds Banking Group today became the first bailed-out bank in the world to pay back significant money to any government ... more

Banks dive after Lloyds nationalised

09.03.09
More than £6 billion was wiped off the stock-market value of Britain’s big four High Street banks today as investors reacted badly to the weekend nationalisation of Lloyds Banking Group... more

Shareholders could sue Lloyds over HBOS deal

09.03.09
Small shareholders are considering legal action against Lloyds Banking Group after the high-street lender surrendered control to the Government... more

Lloyds denies Daniels quit rumours over toxic talks

04.03.09
Lloyds Banking Group has dismissed suggestions that chief executive Eric Daniels is threatening to quit... more

Lloyds’ deal failure sends the banks into a tailspin

27.02.09
Banking: Bank shares crashed after Lloyds Banking Group failed to reach a deal with the Government over the terms of its vital bailout... more

The bank chiefs still don't get it

27.02.09
Amid the continuing row over the pension package awarded to former RBS chief executive Sir Fred Goodwin, today's gloomy results from Lloyds Banking Group confirm the sector's unprecedented crisis... more

Lloyds hoping for a cut-price rescue deal

26.02.09
Banking: Lloyds Banking Group is thrashing out the terms of its state bail-out ahead of reporting dismal results tomorrow including almost £11 billion of losses at HBOS... more

Lloyds boss 'won't take bonus'

11.02.09
Lloyds chief executive Eric Daniels said that he will not take a bonus for last year, a move that will pile pressure on senior staff at other banks to follow suit... more

'Arrogant' Lloyds to pay bonuses despite bail-out

21.10.08
Lloyds TSB has been accused of arrogance after telling staff they will get bonuses this year despite the government crackdown on rewards at banks receiving taxpayers' money... more

Doubts over strength of Lloyds’ new superbank

18.09.08
Banking: The City reacted coolly to Lloyds TSB’s rescue takeover of HBOS with several analysts questioning the strength of the so-called superbank’s balance sheet and ability to raise funds... more

Punch frothing up with CVC in the frame to bid

04.08.08
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Banks rocked as Lloyds profits plummet by 70%

30.07.08
Britain's banks are rocked as Lloyds TSB reported a plunge in profits of £1.4billion - a 70 per cent fall... more

Lloyds star Dial returns to States to head Citi rescue

28.03.08
Lloyds TSB suffers a major blow as one of its star executives moves back to America... more

Lloyds TSB dodges crisis as shares rise

22.02.08
Lloyds TSB has today showed its strength buy pushing up last years profits by 6%... more

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