Figures undermine Osborne's claims that sale presented a profit for taxpayers
Bank Of Scotland
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Tuesday 28 July 2009
Sir Win Bischoff, the former chairman of the US megabank Citigroup, is to become chairman of Lloyds Banking Group when the incumbent, Sir Victor Blank, steps down in September.
Wednesday 01 July 2009
Prime Minister Gordon Brown was today urged to send a message to bank bosses at Lloyds that further jobs cuts would be "totally unacceptable"
Wednesday 10 June 2009
Cheltenham & Gloucester is to be the latest historic banking name to disappear from Britain's high streets. Lloyds Banking Group, which bought the former building society in 1994, is to shut all 164 C&G branches in November, it announced yesterday.
Tuesday 09 June 2009
Friday 08 May 2009
Outlook What could have possessed Lloyds Banking Group to rush out its interim management statement on the same day as first-quarter numbers from Barclays? The contrast between the two could scarcely have been more humbling.
Tuesday 28 April 2009
The troubled sportswear retailer JJB has taken a massive step towards safeguarding its future and 12,000 jobs after the majority of its creditors approved of its company voluntary arrangement.
Wednesday 22 April 2009
Wednesday 01 April 2009
Outlook To London's Dorchester Hotel, where Gerald Ronson was yesterday hosting his annual City lunch. The Heron International boss is as seasoned a participant of the European property market as they come, having successfully managed his way through at least three cycles. This must be his fourth.
Sunday 29 March 2009
Savers have been reassured that their money is safe as the Government was forced to step in to save Scotland's biggest building society.
Saturday 21 March 2009
Wednesday 11 March 2009
Outlook One of the joys of financial crises is that they are great levellers. They make fools of even the most arrogant and pompous of financiers. So take heart from the two Scottish bankers who, puffed up with their own sense of self importance, who thought the Lloyds TSB takeover of HBOS such a bad deal for Scotland that they boldly announced they were drumming up financial support for a counter.
Monday 09 March 2009
The economic crisis has shaken the faith of many in capitalism itself. I can’t pretend to be entirely immune from such feelings. But I suppose the bigger shock to one’s system is the realisation that the suave bankers counting their bonuses in the boardroom don’t have any more idea of how to run their businesses than the doorman twenty floors below.
Sunday 01 March 2009
The Government is prepared to change the law to strip former banking chief Sir Fred Goodwin of his £650,000-a-year pension, Commons Leader Harriet Harman hinted today.
Friday 27 February 2009
HBOS's disastrous 2008 losses were fuelled by one division in particular - its corporate lending arm.
Thursday 26 February 2009
Bank charges for unauthorised overdrafts are subject to regulation by the Office of Fair Trading (OFT) under "unfair contract" rules, the Court of Appeal held today.
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