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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:25 EDTLYGLloyds Banking CEO, chairman grilled by banking commission, The Telegraph says
Lloyds Banking (LYG) CEO Antonio Horta Osorio and Chairman Winfried Bischoff are facing questions on standards of the banking sector, reports The Telegraph. Horta-Osorio said the bank implemented a strategy 18 months ago that helped exit riskier investment banking activities and added that payouts may be curbed this year. It also said the bank will only be 'slightly bigger' than before it acquired Halifax. Reference Link
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