Interesting - since the news was announced, about 16m shares have been traded (about 40 (minutes) out of a total 86m for the day (so far).

Please tell us what the spaniard has achieved since he was appointed ceo?

The spaniard has achieved nothing. Antio Horta-Osio is portuguese.

whats the difference?

One comes from Spain, the other Portugal...

so what has he achieved during his tenure?

Don't know but he has his cv ready just in case...

http://www.compromissoportugal.pt/docs/ficheiros/cv_Antonio_Horta_Osorio.pdf

so we now have a incapable person at the top that about sums up this bank

....
The rules governing compensation have changed several times since 2001, with savings up to 85,000 being protected if a bank goes bust, compared with a limit of 31,700 in the autumn of 2007 when the run on Northern Rock happened. ......

http://uk.finance.yahoo.com/news/Savers-win-26bn-compensation-tele-3481410490.html?x=0

31,700 to 85,000 protection ah! Gordon Brown's fault (under his watch) of course, Or was it George Brown or even this one perhaps -):

http://www.godofhellfire.co.uk/60s.htm

I was not poorly just needed a rest .
what would the board say if a bank staff employee said that

lost for answers if lloys as to sell these branches what does
this mean to the eu banks that have had gov cash

What is the consequence for LLOYDS?

Is it important at all?

why did lloys go to all the trouble to buy hbos then start to sell at a loss

It's all his fault --- http://www.godofhellfire.co.uk/60s.htm

It raises capital and reduces overheads. Since most of the disposals relate to duplicate premises e.g. C&G branch in same location as another Lloy the consequence should be minor. At the end of the day Lloy is now much bigger than competition laws would probably have allowed - it was the circumstances of the takeover/rescue that allowed that inconvenient obstacle to be ignored. However bigger aint necessarily better as RBS knows but .... I'm still keeping these as a core holding in my SIPP and trading a bit on the side for the see saws.

yes i agree

Blimey!

I second that.

I see Osario has made a decently good gesture and bought 150,000 LLOY ADRs at about $1.51308 per ADR.

That's very nice.