By Stephen Foster on August 22, 2011
Chris Pilling, currently head of HSBC’s bank branch network in the UK, is joining the country’s second-biggest building society Yorkshire as CEO. The move is interesting on two counts: building societies have been pretty moribund since the 2008 credit crunch, cutting back their lending and therefore contributing to the credit squeeze currently bedevilling the UK [...]
Posted in Clients, Finance, News, Politics | Tagged Andy Hornby, Asda, british airways, Chris Pilling, credit crunch, George Osborne, halifax, household, hsbc, Kraft, lloyds banking group, procter & gamble, recession, Royal Bank of Scotland, Sharon Osbourne, uk coalition chancellor, yorkshire, yorkshire building society
By Stephen Foster on March 25, 2011
Well Andy Hornby, a former protege of Allan Leighton at Asda along with Sainsbury’s Justin King and others, probably deserves a break after being crucified in the banking crash of 2008 (he ran HBOS which collapsed owing twenty-odd billion) and then doing a sterling job at Alliance Boots which drove revenues up to nearly £9bn [...]
Posted in Clients, Finance, News | Tagged Allan Leighton, alliance boots, Andy Hornby, Asda, hbos, Jesse Boot, Justin King, kkr, nottingham, Peter Cummings, Sainsburys, Stefano Pessina
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