Showing posts with label Peter Cummings. Show all posts
Showing posts with label Peter Cummings. Show all posts

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.