mitzy
- 10 Oct 2008 06:29
TANKER
- 28 Feb 2012 11:34
- 4042 of 5370
the ceo statement very poor . did he go to shcool
HARRYCAT
- 28 Feb 2012 11:40
- 4043 of 5370
You just shot yourself in the foot, T!!!! LOL
TANKER
- 28 Feb 2012 11:46
- 4044 of 5370
no harry he is the man that should have a education well he as not he is a failure
and will be gone with no gain for the bank just filled is bank balance
hangon
- 28 Feb 2012 13:56
- 4045 of 5370
ahoj: I think you're see Greece thro rosey specs - Greece will default, it's only a matter of time. There is little the Politicians can do with most of the population quite appy to sit in the sun (-and who can blame them?).
- That Europe was prepared to subsidise their lifestyle is nothing but stupidity.
Then we have Apain, Portugal and Italy - these are likely to renegotiate their loans - in effect a Euro-writeoff.
It's true you may not notice this - but someone will and they will try to get their money back somehow - If LLOY is heavily into these regions then the sp will suffwer directly - If it isn't it can suffer because investors tend to paint all Banks as one mess of pottage.
Directors:
I know nowt about this (Spanish?) Banker now running LLOY but presume he has some LT credentials that may be better than the other Directors . . . who bought into the poison chalice offered by G/Brown - to save Halifax Bank of Scotland, just a wee while before the Scots would be voting...Coincidence my foot.
That is the direct reason for LLOY dire Sp and we still don't know if HBOS has dodgy loans in the weak areas of Europe.
It's a B.Mess and all the Directors of LLOY should be put out of "our" misery. Even taking a 5-year stance (2007-2012) their performance has been terrible, with a cut in interest from 6% to zero... yikes, - - - I wonder their neighbourts don't cast them adrift.
Having the AGM in Edinburgh (DYOR) means at least they have a semi-sympathetic ear...so no mass votes down.....but it just shows how poor the fibre of Directors is these days - in the past at least one would have resigned over the HBOS merger as it was clearly NOT in shareholders' interest; witness the sp immediately afterwards...
TANKER
- 28 Feb 2012 14:07
- 4046 of 5370
hang. the CEO is a complete failure and should never have been given the job
it is well above is head and a blind man on a galloping horse on a foggy night can see
this . the rest of the board now are all YES people and that is bad for the bank .
investor relations well they no no more than the man sweeping the road .
why because the board tell them nothing because they do not no them selves
hangon
- 28 Feb 2012 14:37
- 4047 of 5370
I agree with your sentiments: but I heard a spokesman (not of LLOY, I recall) who thought highly of him. The sp fall is not his doing - that was factored-in before he came.... the falls are Market sentiment and bank woes in general.
Whoever had been CEO would have suffered at the hands of an impatient Market.
- LLOY board should have been sacked wholesale with that level of SP fall (2008-on), and that's why LLOY hold AGM's in Edinburgh, where there is a low-risk of Riot....IMHO.
Do you think LLOY has liabilities (=outstanding loans) in Greece and/or the other weak-Euro countries, or is LLOY isolated as was my view - but then as a shareholder, I'm the last to be told. I do expect a further fall if Greece defaults (er, When)...
What rankles, is the City of London suits that made vast amounts out of the HBOS Takeover, what with Reports, Legals, Researchers, Consultants - and not one should have been paid a sous ............ Arrgh!
TANKER
- 28 Feb 2012 15:11
- 4048 of 5370
hang in my view having read about him .
is he is a waste of space and the sooner he goes the
better . the must of been desperate to have given him the job
TANKER
- 29 Feb 2012 09:38
- 4049 of 5370
well i hope i have not made a mistake have bought for 1p and will sell
ahoj
- 29 Feb 2012 15:26
- 4050 of 5370
Difficult to buy anything. IS anyone else facing the same problem?
HARRYCAT
- 01 Mar 2012 14:11
- 4051 of 5370
StockMarketWire.com
Lloyds Banking Group (LON:LLOY) has announced that George Culmer will be appointed as Group Finance Director with effect from 16 May 2012.
George Culmer has been Chief Financial Officer of RSA since May 2004.
Commenting on Mr Culmer's appointment, Sir Winfried Bischoff, Chairman of Lloyds Banking Group, said: "Following the announcement on 19 September 2011 of the departure of Tim Tookey as Group Finance Director at the end of February 2012, the Board undertook a rigorous search for his successor. We are pleased to have been able to attract someone of the quality of George Culmer. He comes to us with a fine track record at RSA and with a strong background in insurance and in shareholder advocacy. We look forward to him joining us in time for our Annual General Meeting on 17 May 2012."
António Horta-Osório, Group Chief Executive, said: "George brings a wealth of experience from his time at RSA and his appointment will strengthen further the senior team at Lloyds Banking Group and help us to deliver on our plans to transform the Bank and ultimately achieve our goal of becoming best Bank for customers".
halifax
- 01 Mar 2012 14:13
- 4052 of 5370
will he make lloyds the best bank for shareholders?
TANKER
- 01 Mar 2012 15:29
- 4053 of 5370
the CEO does not like holders
halifax
- 01 Mar 2012 16:34
- 4054 of 5370
in that case he is not going far if he doesn't like HMG his biggest shareholder.
TANKER
- 02 Mar 2012 09:05
- 4055 of 5370
The row over bankers’ bonuses re-ignited yesterday as Lloyds admitted it is dishing out up to £6million in pay and perks to its new finance director George Culmer.
After months of speculation the bank, which is 40 per cent state-owned, revealed the details of Culmer’s controversial pay package to the stockmarket.
It comes less than a week after Lloyds revealed a £3.5billion loss, having been forced to set aside £3.2billion compensation to pay customers
Read more: http://www.thisismoney.co.uk/money/news/article-2108908/Fury-pay-perks-Lloyds-finance-chief-George-Culmer.html#ixzz1nwsEPcCZ
TANKER
- 02 Mar 2012 09:06
- 4056 of 5370
this bank is out of control the board should all be sacked they are not sane
TANKER
- 02 Mar 2012 09:08
- 4057 of 5370
they are taking the piss out of holders and the tax payer ,
they are a bunch of thiefs running this bank
HARRYCAT
- 02 Mar 2012 09:14
- 4058 of 5370
They're all at it T! It's just that HMG own part of these banks so we get to hear about the pay & bonuses. Believe me, HSBC, BARC, Santander, BNP Paribas, Credit Lyonnais etc etc are all paying their top staff huge money.
TANKER
- 02 Mar 2012 09:31
- 4059 of 5370
harry it is sickening i am beginning to take sides with the rioters .
i am a right winger and it makes me sick .
skinny
- 05 Mar 2012 08:00
- 4061 of 5370
Co-op's Lloyds deal at risk after FSA orders reforms
The Financial Services Authority has ordered the Co-op to overhaul the way it runs its business or face the possibility of losing the right to buy 630 Lloyds Banking Group branches.