Private Investor Body Puts Pressure On Executives ; Banking

Birmingham Post (March 09, 2009)

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Summary

The top executives of Lloyds Banking Group are facing calls to quitamid growing investor anger after theGovernment took a controlling stake in the bank.

Chairman Sir Victor Blank and chief executive Eric Daniels are under pressure from shareholders angered by the latest multi- billion pound rescue deal, whichsees theGovernment's stake upped from 43 per cent to at least 65 per cent.

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Private Investor Body Puts Pressure On Executives ; Banking

Roger Lawson, chairman of the UK Shareholders' Association, which represen...

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