New blow to Lloyd´s leadership, FT says
Lloyds Banking Group´s leadership has been further undermined today after an already announced high-profile hire from Royal Bank of Scotland changed his mind.
Lloyds Banking Groups leadership has been further undermined today after an already announced high-profile hire from Royal Bank of Scotland changed his mind.
Nathan Bostock, presently RBS's head of restructuring and risk, had been due to join Lloyds next year to take charge of its wholesale banking division, informs The Financial Times.
As of 11:33 shares of Lloyds are falling by 5.76% to 23.74p.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
![https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg](https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748-320-80.jpg)
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
AB
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
How to transfer an ISA
We explain everything you need to know about transferring an ISA
By Rebekah Evans Published
-
Home insurance and storm damage: how the 55mph storm damage definition could affect you
If Storm Éowyn damaged your home, then this 55mph could mean you may not be able to make a claim on your home insurance
By Marc Shoffman Published