Financial crisis Lloyds CEO Eric Daniels

telegraph.co.uk

Oct. 7, 2008

Eric Daniels chief executive of Lloyds TSB has a reputation as one of the more cautious bankers on the block.

Lloyds TSB shareholders approve merger

GLASGOW, Scotland, Nov. 19 (UPI) -- Lloyds TSB shareholders gave their approval Wednesday for the purchase of HBOS with 96 percent voting yes at a shareholder meeting in Glasgow, Scotland.

Lloyds to pass rate cut on to customers

LONDON, Nov. 6 (UPI) -- A major British bank said it would pass on the full lending rate cut announced by the Bank of England Thursday to its customers.

Manchin, Daniels retain governorships

WASHINGTON, Nov. 4 (UPI) -- West Virginia Gov. Joe Manchin and Indiana Gov. Mitch Daniels were projected to retain their governorships Tuesday.

Union calls for merger details on jobs

LONDON, Nov. 3 (UPI) -- Union leaders in Britain asked Lloyds TSB to clarify its stance on jobs after the bank said it could save an additional $791.4 million merging with HBOS.

Size of Britain's bailout questioned

LONDON, Oct. 15 (UPI) -- A $64 billion rescue offered to three banks in Britain may not be enough to stabilize the British banking system, the Treasury Select Committee chairman said.

Doubts of HBOS deal stir in Britain

LONDON, Oct. 1 (UPI) -- British Prime Minister Gordon Brown has spoken up to quell doubts about a $21.29 billion rescue of Britain's HBOS bank.

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Details emerge in HBOS acquisition

LONDON, Sept. 18 (UPI) -- Lloyds TSB officials said Thursday the rescue of HBOS would cost $22.17 billion and save $1.8 billion in annual operating costs by 2011.

Lloyds bank positioned to purchase HBOS

LONDON, Sept. 17 (UPI) -- Britain's fourth- and fifth-largest banks have reached advanced stages of acquisition talks, Financial Services Authority regulators revealed Wednesday.

$4 million ATM error leads teen to spend

TELFORD, England, July 1 (UPI) -- A Telford, England, woman said her 16-year-old son ended up in debt after an ATM fluke indicated he had $4 million in his bank account.

Daniels inducted into Grand Ole Opry

NASHVILLE , Jan. 21 (UPI) -- U.S. country music star Charlie Daniels has been inducted into Nashville's Grand Ole Opry by Opry members Marty Stuart and Connie Smith.

Quitting smokers may see soaring savings

LONDON, June 25 (UPI) -- More than a third of the United Kingdom's 10 million smokers say they plan to quit the habit Sunday when new anti-smoking laws take effect.

Bank apologizes for being short-staffed

LONDON, April 8 (UPI) -- One of Britain's biggest and most prominent banks is apologizing after a call-center fiasco that left customers waiting up to 10 minutes at a time.

Lloyds TSB starts Islamic bank accounts

LONDON, April 2 (UPI) -- British banking and insurance company Lloyds TSB Group PLC has established a bank account for businesses that follow Islamic law.

Lloyds bank ends Indian call center

LONDON, March 2 (UPI) -- British banking and insurance giant Lloyds TSB Group PLC said Friday it would no longer have bank customer-service calls forwarded to an Indian call center.