Lloyds Banking Share Discussion Threads

[jordaggy] 18/1/2021 13:35

He did offload 200 billion of bad/derivative debt?

[k38] 18/1/2021 13:17

Especially the ones who play in the world cup, winning 2 to 3 games and return to uk to become "stars" like ... lineker and get 1.5 million taxpayers money a year.

[utyinv] 18/1/2021 13:14

Portside1,

I have had the same sentiment regarding Antonio for years.

Didn’t bode well when he arrived with a Golden Welcome, if I recall it was nearly £9m in packages and then went off on sick for six months due to the pressure. Did he call it a day then? No he off-loaded some of his work by bringing in ex colleagues from Santander and letting them deal with the work whilst he continued to collect the original same benefits.

He was the person who rolled over with regards to PPI saying the bank will redress the whole subject matter by offering compensation. This put pressure on other banks to follow suit. However, he didn’t account for the amount of fraud and the milking that would follow and he didn’t envisage a bill that would top £22 Billion+. How could anyone be so naive? He has capitulated on every issue and has never, never, stepped up to the mark in addressing a CEO’s main priority, the interests of the Company’s shareholders.

A CEO has a ‘Board of Directors who each have an army of managers and professionals to run the operation side of things. The CEO’s main KPI is to meet shareholders expectations, yet he has ignored and showed shareholders a metaphorical middle finger.

I have been investing directly in Companies for over 35 years ( directly excludes pension investments), and I have come across some pretty poor CEOs over the period, but I am prepared to say non have shown such contempt for shareholders as this man has done. This is my opinion and others might not share that view, but in all honesty, I cannot recollect a worse CEO.

[k38] 18/1/2021 13:11

I agree and I say, send them back to where they come (counsel flats) from "500K a month in order to get out of bed"

[minerve 2] 18/1/2021 13:07

Utricky

Professional sports people are overrated in society and overpaid - that's a fact. You don't need to be a fellow professional to appreciate that that is the case or indeed to appreciate their dedication and level of commitment. Plenty of professionals in other sectors are equally committed and dedicated and at the top of their game who don't get paid, or need, 500K a month in order to get out of bed.

[portside1] 18/1/2021 13:01

Will look again after 24 feb

[portside1] 18/1/2021 13:00

No should of had a egm and voted out the useless ceo who has milked the bank along with the greedy lazy directors

[freddie01] 18/1/2021 12:56

Global engineering technologies company, Renishaw, has opened applications for a record 70 graduate positions, 51 apprenticeships and over 60 placement opportunities across its Gloucestershire and South Wales sites. This represents a major investment in the future development of its business, including roles in engineering, manufacturing, embedded electronic design and development, software and IT. . The apprenticeship applications, including those for degree apprenticeships, will close on February 12th, 2021, during national apprentice week, and graduate and placement applications will close on February 19th, 2021.

[jordaggy] 18/1/2021 12:32

...should have kept the investment arm.

[geckotheglorious] 18/1/2021 12:32

China expanded at 2.3% - better than analysts expected +2%

Annual GDP of 6.1% was before Covid......

[portside1] 18/1/2021 12:23

In March 2016 Lloyd's plc m/c was 49billion Now worth only 25 billion Lloyds was then worth 13 billion more than barcs Now barcs is worth 1 billion more than lloys This bank as been badly mismanaged. Big time Yet the ceo is walking a way with millions for is complete failure And the directors and the dead chairman silent

[mikemichael2] 18/1/2021 12:07

Minerve 218 Jan '21 - 11:05 - 329164 of 329166

China’s economy expands at faster rate than before coronavirus

GDP rises 6.5% in fourth quarter as other big economies struggle to recover from pandemic

Showing the UK how it is done.

LOL!

=================

Yes, China's PLAN seems to have worked.

[utrickytrees] 18/1/2021 12:01

Swerve, your just a Jack of all trades though. TBF on the whole I'd say your opinions are pretty robust. However your opinion on Lpool manu exposed you as only having a rudimentary knowledge of football. I have been involved in top class professional sport for many years and appreciate the fine margins of excellence of sport contested at the very highest levels. You think your opinion on sport is valid and it is but only from a layman's perspective.

[lefrene] 18/1/2021 11:45

Very good comment here on the behaviour of the mega banks, and why Wall St no longer acts as a bellweather to events. Essentially the whole things gone rotten and the SEC has become hostage to the big manipulators.

[minerve 2] 18/1/2021 11:05

China’s economy expands at faster rate than before coronavirus

GDP rises 6.5% in fourth quarter as other big economies struggle to recover from pandemic






Showing the UK how it is done.

LOL!

[geckotheglorious] 18/1/2021 10:54

Mike
Post 329127
Agreed. Eurostar bankruptcy nothing to do with the Uk - let France or those investment firms bail it out.

[minerve 2] 18/1/2021 10:53

Utricky

I have held positions where my opinion has been respected and listened to. Unlike you, who has been ignored from birth! ;)

My views on professional sports are shared by millions and millions agree with me.

Of course there will always be millions like you who will always reroute earnings that could go towards buying children food, clothes and nice little things in life so you can watch millionaire strangers kick balls into nets. Strange, but true.

[lefrene] 18/1/2021 10:50

MEANWHILE, it sounds like they are saying "we're fighting a war by rationing the bullets"! Their logic would be fine if they were running a logistics outfit, and didn't want to buy too many lorries.

[meanwhile] 18/1/2021 10:42

WALES GOV./NHS - COVID UPDATE

In the race to become the most incompetent UK organisation, the Welsh Government/Welsh NHS alliance (a deadly combination at all times) have excelled themselves again.
Mark Drakeford himself has stated that a large number of units of the vaccine are being stockpiled in Wales' and not given at the highest possible rate, in order to keep a steady flow of vaccinations until the next bulk delivery. The vaccinators would have periods of inactivity if the highest possible rate was employed.

So now we know that the system runs for its own sake, not for the best outcome, and this stated clearly on live BBC news.

[scruff1] 18/1/2021 10:17

Anyone use Fineco ?

[joestalin] 18/1/2021 10:09

Send for Blaster Bates.