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Posts Tagged ‘Lloyds’

The RBS Expansion Dream Finally Ends

The RBS Expansion Dream Finally Ends

RBS, poster boy of the financial crisis and 70% owned by the government, is finding that despite being in a much smaller banking sector, no…

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Posted by Ben Beaumont-Thomas in Hot Money | November 2, 2009 12:34PM | No Comments »


Osborne Attacks Banks, Only Somewhat Coherently

Osborne Attacks Banks, Only Somewhat Coherently

Previous news of mid-recession banker bonuses was met with house-vandalising, incoherent street marching outrage and shock, presumably because most people hadn’t realised just how much…

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Posted by Ben Beaumont-Thomas in Hot Money | October 27, 2009 1:09PM | No Comments »


Recession Is Over, Semantically Speaking

Recession Is Over, Semantically Speaking

The financial services industry is like a nervous lover – if you pump it full of praise and confidence, it perks up and performs, but…

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Posted by Ben Beaumont-Thomas in Hot Money | September 16, 2009 2:38PM | 1 Comment »


Lloyds Potential Rights Issue Gets Thumbs Down From Shareholders, While Share Price Falls

UKFI Annual Report Shows That They're In This For The Long Haul

UKFI Annual Report Shows That They’re In This For The Long Haul

UKFI stands for UK Financial Investments, and it’s effectively a 9-person fund management company shacked up in the Treasury. After the government took out stakes…

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Posted by Ben Beaumont-Thomas in Hot Money | July 14, 2009 11:44AM | No Comments »


Win Bischoff To Chair Lloyds, Because Apparently There's No-One Else Available

Win Bischoff To Chair Lloyds, Because Apparently There’s No-One Else Available

Lloyds are lining up Win Bischoff, still pretty fresh from being dropped by Citigroup, to be the new Lloyds chairman. As we

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Posted by Ben Beaumont-Thomas in Hot Money | July 1, 2009 11:35AM | No Comments »


It's Payback Time For Bailed Out Banks

It’s Payback Time For Bailed Out Banks

For about a week last autumn, when the banks started getting bailed out, it looked like full-on nationalisation might actually happen. In the U.S., you…

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Posted by Ben Beaumont-Thomas in Hot Money | June 9, 2009 12:42PM | 3 Comments »


Andy Hornby Heads Back To Retail With Boots Chief Exec Job

Andy Hornby Heads Back To Retail With Boots Chief Exec Job

Andy Hornby, the boyish ex-chief exec of HBOS who has the air of a man who never quite got over a toilet-based bullying incident in…

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Posted by Ben Beaumont-Thomas in Hot Money | June 8, 2009 10:41AM | No Comments »


Victor Blank Steps Down, But What Will His Legacy Be?

Victor Blank Steps Down, But What Will His Legacy Be?

For a departing chairman, like Victor Blank who left Lloyds at the weekend, there can be no more depressing sign than your former company’s share…

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Posted by Ben Beaumont-Thomas in Hot Money | May 19, 2009 11:52AM | 1 Comment »


Alastair Darling To Demand Bigger Capital Ratios To Make Sure All This Never Happens Again

Is Barclays Selling Off iShares Really A Good Idea?

Is Barclays Selling Off iShares Really A Good Idea?

Barclays are once again putting up a good fight against the tentacles of part-nationalisation. Previously we saw how they used the diplomatic dream team of…

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Posted by Ben Beaumont-Thomas in Hot Money | March 17, 2009 12:11PM | No Comments »


Lloyds Share Price Plunges As Shareholders Get Their War Paint On

Lloyds Share Price Plunges As Shareholders Get Their War Paint On

Investors in Lloyds have been waiting all weekend to voice their dissatisfaction with the bank’s government bailout, and they duly sent the share price sharply…

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Posted by Ben Beaumont-Thomas in Hot Money | March 9, 2009 12:50PM | No Comments »