HSBC announcing a record rights issue has triggered a fresh loss of confidence in the financial sector, causing the FTSE to…
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Posted by Ben Beaumont-Thomas in Hot Money | March 2, 2009 2:12PM | 1 Comment »
Fred Goodwin has just received his own shredding at the hands of the Treasury Select Committee, along with Andy Hornby, Lord Stevenson and Sir Tom…
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Posted by Ben Beaumont-Thomas in Hot Money | February 10, 2009 3:33PM | 1 Comment »
A student friend of mine called Tom recently got a call from his bank, Lloyds TSB. “A guy,” Tom explained, “called saying he wanted to…
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Posted by Chris Baraniuk in Hot Money | February 9, 2009 2:47PM | 3 Comments »
Robert Peston, journalist extraordinaire and credit-crunch hunk o’ burnin’ love, met the Treasury Select Committee to answer questions over allegations he damaged the…
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Posted by Ben Beaumont-Thomas in Hot Money | February 5, 2009 3:06PM | 1 Comment »
Lloyds shareholders will vote on the HBOS merger (read takeover) in Glasgow today, but strangely there has been no comment so far from our ‘banking…
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Posted by Jonty Rhodes in Hot Money | November 19, 2008 11:48AM | 2 Comments »
It was bound to happen eventually – the US bailout plan, following another massive hit from black-hole insurer AIG (who requested another $40 billion from…
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Posted by Daniel Stacey in Hot Money | November 12, 2008 10:59AM | 1 Comment »
Just two out of 11 senior roles in the new Lloyds/HBOS superbank will be filled by HBOS execs, while the board will be exclusively Lloyds,…
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Posted by Ben Beaumont-Thomas in Hot Money | October 31, 2008 1:44PM | 2 Comments »