Investors Raise Questions over Lloyds’ Non-Disclosure

New concerns have been raised by Lloyds Banking Group investors over the board’s non-disclosure of the extent of government support for HBOS before its ill-fated £5bn acquisition of the bank.
One institution claimed the revelation this week that HBOS had needed £25.4bn of emergency liquidity assistance between October 1 and January 16 “highlighted the poor information [...]

Microsoft Makes Move on the News

Microsoft has held secret talks with some of the world’s biggest media groups over a plan that could see millions of news stories pulled from Google.
In its most direct attack on Google yet, the software giant is understood to have offered to pay news organizations for providing their content exclusively through Microsoft’s Bing search engine.
Sources [...]

Ensure Changes at the Top Goes Smoothly

1. Do it now
If your chief executive leaves before you have a plan in place for their successor, you have left it too late. The succession planning should be ongoing for all senior positions. Start now and never stop.
2. Look internally
When a senior executive leaves, the temptation is to poach a replacement from elsewhere. There is an [...]