Just in time for his xmas bonus.

How LLOYs managed to become intangled with yet more risk-takers I don't know - and the top man appear to be unable to turn up. Is the wage-packet too heavy, I could sympathyse with that. Grr!

This was a well-run UK_Bank until madness overtook them and they bought HBOS - indeed the Government should have PAID them to take it, about 2bn at least until their woeful situation unwound - - - is this known now?

Lloyds now has its AGM in Edinburgh (DYOR), so I presume this prevents most UK investors going. . . . and all Resolutions are passed by the Institutional Owners (except they aren't owners=- only custodians of OUR pension monies....

this bank has a chairman that has stated many times what GREAT JOB that
daniels did and this idiot lunatic is still chairman .
this should tell you that the bank is run by idiots

George Brown talked them into HBOS , he did think of offering them Gold as an inducement but then remembered he hadn't any

this rubbish that it was brown is childish and silly it was all down to
DANIELS and that is the truth and fact ,
people that post it was brown should not be investing

I agee Daniels seriously missled investors just like Horby did.

George Brown!

-):

Another Labour failure .

How could i have forgotten dear old Gordon

Now that's a question only you can answer.

Hic!

TANKER

I know that Paul was very good at pulling rabbit's out of hat's but HBOS was a bit more difficult.

Apparently, the situation with regard to Horta-Osario's job is being described as him having to re-apply for it, with the meetings with him and the board's directors described as 'interviews'.

that tells you that the board should resign to make a statement like that

Oh no - not the "m" word.

the board are a bunch of muppets.

lol..

Following the announcement of 2 November 2011 stating that the Group Chief Executive, Antio Horta-Osio, had taken a leave of absence on medical advice, the Lloyds Banking Group Board has completed a rigorous process, including obtaining independent medical advice, to assess Antio's ability to return and effectively lead the Group. The independent medical advice has concluded that he has made a full recovery. Following due consideration the Board has decided he will return to the bank as Group Chief Executive on 9 January 2012.



As part of the process the Board has agreed to an initiative from Antio to restructure and reduce his direct reporting lines in order to strengthen the accountabilities of his senior management team. This is designed to provide the most appropriate environment to maximise the senior management's contribution as the Group enters the next stage of its transformation.

Sir Win Bischoff, Chairman of Lloyds Banking Group, said: "The Board and I are pleased that Antio has made a full recovery. We are looking forward to his return after the New Year to continue to lead the Group and build on the strong progress he has already made in transforming the business and delivering the strategic plan.

"The Board would like to thank Tim Tookey for the considerable support and dedication he has shown whilst acting as Interim Group Chief Executive in addition to his role as Group Finance Director."

Hmmm!