Q: You answered a reader’s letter (Questions of Cash, 11 May) on a fraud committed at an HBOS ATM, where a “skimming device” was fitted to the front of the machine. The victim was obviously unaware of this, but apparently a subsequent customer was as they reported it to the branch when it reopened after the weekend. I have no idea what to look for and many other readers will be similarly uninformed. Please enlighten us! IM, by email.
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Tuesday 17 May 2011
Alliance Boots has cited "stress" as being among the key reasons why Andy Hornby left his role as group chief executive this year.
Tuesday 10 May 2011
What is holding Alex Salmond back? The central goal of the Scottish National Party since its formation in 1934 has been independence for Scotland by popular consent. This was out of reach until last week, because the SNP did not have the votes to get the necessary legislation through the Scottish Parliament, let alone through Parliament at Westminster. But after Thursday's result, the way is clear. The Scottish Parliament can pass a Referendum Act whenever Mr Salmond chooses. David Cameron and the Scottish Secretary, Michael Moore, have both, rightly, said that they will not stand in the way.
Friday 06 May 2011
Lloyds Banking Group stunned the City yesterday by revealing a first-quarter loss of almost £3.5bn as its new chief executive cleared the decks early in his reign.
Sunday 17 April 2011
Monday 11 April 2011
There were fears of further uncertainty for embattled bank workers after today's report suggested Lloyds Banking Group should shed more of its branch network to improve competition in the sector.
Saturday 26 March 2011
Among the many bank bosses vilified after the British banking crisis, only Andy Hornby bounced straight back. After he lost his grip on HBOS and it had to be rescued from collapse, he was quickly rehired by Boots as chief executive.
Saturday 26 February 2011
Eric Daniels, the chief executive of Lloyds Banking Group, will quit the role next week with a £1.45m bonus having steered his company firmly back into profit in 2010.
Tuesday 22 February 2011
Tuesday 18 January 2011
He looks familiar
Saturday 27 November 2010
Shares in Lloyds Banking Group and Royal Bank of Scotland tumbled after it emerged that the Independent Commission on Banking had described the decision to allow Lloyds to merge with HBOS during the financial crisis as "wrong".
Saturday 25 September 2010
It doesn't take a genius to work out that oligopolies – where a few large companies dominate a market – tend to exploit customers, nor that, in energy – one of the biggest areas of consumer spending – Labour's constant boasts about taking "tough decisions" turned out to be flaccid words.
Thursday 23 September 2010
Outlook Europe's bank bosses are dropping like flies. In the space of a fortnight, we've seen the departures announced of John Varley and Eric Daniels from Barclays and Lloyds respectively. Yesterday it was the turn of Alessandro Profumo, chief executive of UniCredit, Italy's biggest bank, to walk the plank.
Tuesday 21 September 2010
Thursday 05 August 2010
Monday 07 June 2010
Lloyds Banking Group today said it would launch a robust defence against legal action by investors who are seeking up to £14 billion in compensation following the bank's rescue of ailing rival HBOS.
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