Search results
Results from the WOW.Com Content Network
Charles Alan Nunn (born September 1971) [1] is a British banker and former management consultant, and the chief executive (CEO) of Lloyds Banking Group since August 2021. [ 2 ] Early life
He was group chief executive officer (CEO) of Lloyds Banking Group (2011-2021), and chairman of Credit Suisse from April 2021 until 17 January 2022. Horta-Osório joined Credit Suisse following a series of scandals at the bank. [1] He left the bank in January 2022 after alleged breaches of Covid quarantine rules while travelling in Europe. [2]
Lloyds Banking Group plc is a British financial institution formed through the acquisition of HBOS by Lloyds TSB in 2009. It is one of the UK's largest financial services organisations, with 30 million customers and 65,000 employees. [ 4 ]
He joined Lloyds TSB in 2001 as head of retail banking. He became CEO of Lloyds TSB in June 2003, and of Lloyds Banking Group in January 2009 after the merger with HBOS . He built a reputation for being quietly spoken, thoughtful and not prone to superlatives - what many would describe as excellent, he would say was "pleasing". [ 1 ]
For premium support please call: 800-290-4726 more ways to reach us
On 12 February 2009, the CEO of Lloyds group, Eric Daniels, was questioned about the banking crisis during a session of the Treasury Select Committee of the House of Commons. One of the key issues concerned Lloyds' takeover of HBOS in 2008, and the amount of due diligence carried out before the acquisition. Mr Daniels stated that a company ...
Unconditional trading in the shares started on 25 June 2014. A further 11.5% of TSB Banking Group shares were sold by Lloyds Banking Group in September 2014, bringing its share holding down to 50%. [23] According to Lloyds' chief executive, António Horta-Osório, the separation cost £1 billion more to perform than the new bank is worth. [24]
Phone support is available for account management and password reset help, Mon-Fri: 8am-12am ET; Sat: 8am-10pm ET. For additional hours of operation for different services visit our support options page for contact info.