Lloyds Banking Group Top Stories

• People moves in brief

  

  Palmer gets interim ECM head gig at BofA — Clarke to join JP Morgan for FIG — Paz-Galindo promoted at UBS

  • 30 Jul 2020

• Smaller non-bank lenders ‘won’t survive’ BoE rejection

  

  Some non-bank lenders are unlikely to survive the pandemic crisis, sources say, after the Bank of England told the industry it is not willing to provide emergency liquidity support in the wake of the Covid-19 outbreak. Non-bank institutions are having to grant the same payment relief to customers as high street banks but still have outgoing warehousing costs.

  • 15 Jul 2020

• People moves in brief

  

  New sustainable DCM team at Citi — Deutsche picks Stergiou for new position — SMBC Nikko makes ABS trading hire

  • 09 Jul 2020

• Lloyds' Horta-Osório to step down as advisory veteran comes in

  

  Lloyds Banking Group has appointed Centerview’s Robin Budenberg as its next chair, while chief executive António Horta-Osório is set to leave the firm next year.

  • 06 Jul 2020

• Lloyds, RBS waive fee for CLBILS lending

  

  Lloyds Bank and Royal Bank of Scotland have decided not to charge clients an arranging fee when lending via the UK’s Coronavirus Large Business Interruption Loan Scheme (CLBILS), while HSBC will not charge any early repayment fees.

  • 30 Apr 2020