Feb 7, 2023 | All Members, Executive Pay, Pensions
Members will recall that in one of our previous Newsletters we discussed in detail the bank’s new retail strategy. Whilst the new value treatment strategies are all very interesting, our concern is about how the rush for growth is going to change the culture of the...
Mar 11, 2022 | Executive Pay, HBOS Reading Fraud, Letters, The Dobbs Review
Latest News Letter To Dame Linda Dobbs DBE – HBOS Reading – The Dobbs Review 11th March 2022 Letter To Mr. Alan Dickinson – Executive Remuneration and HBOS Reading 11th March 2022 Letter To Mr. Harry Baines – LLOYDS BANKING GROUP PENSIONS TRUSTEE LIMITED v WALKER...
Sep 27, 2021 | All Members, Executive Pay, Pay
And it’s worth a staggering £1,316,564, more than enough to buy him a new puncture repair kit. The new Chief Executive, Mr Charlie Nunn, is the only person in Lloyds Banking Group to get a 2020 group bonus payment, albeit based on what he would have earned at HSBC....
Mar 30, 2021 | All Members, Executive Pay
This should have been the week when Lloyds staff received their bonuses. A few days ago, the bank published the 2021 share awards for senior executives. The top 8 executives were awarded bonuses worth £4,125,467. The exact payment for each executive is set out in the...
Nov 22, 2020 | All Members, Executive Pay
Members will recall that Lloyds gave frontline managers an extra day off and a family takeaway for their efforts in managing staff during the early stages of the pandemic. Whilst the bank was being dragged kicking and screaming into making such a paltry award, Mr...
Jun 25, 2020 | All Members, COVID-19, Executive Pay
And it gets worse for Mr. Horta-Osorio. A few days after the bank announced that grades D and E branch managers would not get the £250 recognition awards, despite the fact that they have been on the frontline since the start of the pandemic, the bank announced...
