Friday, 13 February 2009

The way they were...

Financier of the Year 2001 - Peter Cummings, Managing Director of Corporate Banking was awarded 'Financier of the Year' by the Corporate Finance Faculty of the Institute of Chartered Accountants, England & Wales. He is also a nominee for 'Dealmaker of the Year' awarded by Insider Group in Sept 2001.

Footnote: That was as good as it got. Lloyds now expects to suffer £7bn of impairment charges on corporate loans made by its new subsidiary HBOS that went sour, a turn that seems to be being blamed on poor Peter, an HBOS veteran who left the company in January after going from sweeping the floor to running a £109bn loan book.

No comments: