Tag: AntA?nio Horta-OsA?rio

15,000 more jobs to go at Lloyds Banking Group

15,000 more jobs to go at Lloyds Banking Group

Banking giant Lloyds is to axe a further 15,000 jobs, as part of a cost-cutting exercise and will see the bank withdraw from international banking. The job cuts were first unveiled by the Sunday Times earlier this month but have only been confirmed today. The banking giant, which is 41% owned by the taxpayer, has […]

June 30, 2011 More
RBS discloses pay details for 323 key staff

RBS discloses pay details for 323 key staff

Royal Bank of Scotland (RBS), which is 83% owned by the taxpayer, has disclosed details of the amount of money it paid to its key staff in 2010. The bank said its 323 key staff were paid a total of A?375 million last year – after already divulging its chief executive, Stephen Hester, received a […]

March 18, 2011 More
Lloyds wields the axe at its Black Horse division

Lloyds wields the axe at its Black Horse division

Banking giant Lloyds has today revealed it is shedding 420 positions at its Black Horse personal finance unit. This brings the total number of job losses to 22,000 since its merger with HBOS in autumn 2008, which resulted in 41% ownership by the taxpayer. Commenting on todaya��s announcement, the Unite union, said it was “appalled” […]

Santandera��s Horta-OsA?rio appointed as Lloyds new CEO

Santandera��s Horta-OsA?rio appointed as Lloyds new CEO

It has been revealed this morning that AntA?nio Horta-OsA?rio, chief executive of Santandera��s UK businesses, will replace Eric Daniels, who is stepping down from Lloyds Banking Group. Fifty-nine-year-old Daniels announced in September that he would be retiring next year. Daniels, who is the longest serving CEO at a major British bank, faced heavy criticism following […]