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Saturday 20th of March 2010

News Tag: resignation

December 16, 2009

Watford FC on the brink of administration

by Kay Murchie
”Watford
Shares in Watford Football Club have been suspended after its parent company, Watford Leisure, warned it may enter administration. The Club, nicknamed The Hornets, is currently 10th with 30 points in the 24-team Coca-Cola Championship. Watford Leisure recently announced it would run out of cash before Christmas if it did not secure further funding and has been asked to pay back £4.9 ...



May 17, 2009

Lloyds chairman announces resignation

by Kay Murchie
”Lloyds
Sir Victor Blank has announced he is to retire from the position as chairman at Lloyds Banking Group. Sir Victor’s shock resignation comes as he and chief executive, Eric Daniels, have faced criticism from shareholders following the hasty takeover of HBOS. According to Roger Lawson of the UK Shareholders' Association: "Almost all of the shareholders he has spoken to said he should go. He was ...



April 29, 2009

Société Générale chairman announces shock resignation

by Kay Murchie
”Société
Daniel Bouton, Société Générale’s chairman, has announced he will step down from the bank citing the “personal attacks” against him for his resignation. Mr Bouton, who is to stand down on 6 May, said the repeated attacks risk harming the bank and will depart to “protect the bank“. Mr Bouton has been criticised since the Jérôme Kerviel scandal early last year after the ...



September 1, 2008

B&B sales director resigns

by Kay Murchie
”B&B
Troubled buy-to-let lender, Bradford & Bingley (B&B), has announced that Mark Stevens, its sales director, has resigned. The news comes at a bad time for the UK’s largest buy-to-let lender after it recently posted a loss of £26.7 million for the six months to the end of June. Commenting on the resignation, newly-appointed chief executive, Richard Pym, said he wanted Mark to stay. B&B has ...



May 2, 2008

Top Barclays executive steps down amid boardroom tension

by Kay Murchie
”Top
Paul Idzik, a senior executive at Barclays, has resigned which has triggered talk of boardroom tensions at Britain's third-largest bank. However, a spokesperson for Barclays has denied talk of a rift between senior executives and said Mr Idzik ‘felt it was the right time to look for his next challenge‘. Mr Idzik, who has been with the bank since ...