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Nunn joined HSBC in 2011, rising to global head of personal banking and wealth management. [2] [6] Nunn succeeded António Horta-Osório on 16 August 2021, after a decade as CEO. [2] [8] He will receive a salary of £5.6 million . [6]
Lloyds Bank plc [1] [4] is a major ... TSB is the only high street bank whose corporate social responsibility policy does ... review investigating a £1 billion fraud ...
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]
The BBC added: "A decade on, HBOS's owner Lloyds Banking Group still has not acknowledged the full scale of the fraud - or offered to compensate its victims"; the broadcaster noted that the fraud was first discovered in 2007 by the bank's customers Nikki and Paul Turner, who used publicly available records to uncover it, but that after the ...
Nicholas William Leeson [2] (born 25 February 1967) is an English former derivatives trader whose fraudulent, unauthorised and speculative trades resulted in the 1995 collapse of Barings Bank, the United Kingdom's second oldest merchant bank. He was convicted of financial crime in a Singapore court and served over four years in Changi Prison.
Sir Robin Francis Budenberg CBE (born 1959) is a British corporate adviser. He was appointed non-executive Director of Lloyds Banking Group [ 1 ] on 1 October 2020 and became Chairman on 4 January 2021 and was appointed Chairman of The Crown Estate [ 2 ] on 9 August 2016.
The remainder of the Lloyds TSB business would be rebranded as Lloyds Bank. [61] Lloyds Banking Group reached a Heads of Terms agreement in July 2012 to sell the Verde branches to The Co-operative Bank for £750 million. [62] [63] The final transfer of TSB Bank plc to the new owner was due to be completed by late 2013.
Bostock worked for RBS for nine years from 1993 to 2001, rising to head of risk. [3] From 2001 to 2009, Bostock worked for Abbey National (now Santander UK), and was a main board director from 2005. [4] In June 2009, Bostock returned to RBS as the "new right-hand man" to CEO Stephen Hester, tasked with trying to sell off non-core assets. [3]