BNET Industries
Market Cap:$76.7M
Last Fiscal Year Sales:$69.4B
- Public
- UK
Dow Jones Description
Bank Holding Company; Business, Corporate & Retail Banking; Insurance & Investment Services
CEO, Retail Distr & Insurance, Investment
Jo DawsonNumber of Employees 72,000
Peer Companies
NAICS Code Offices of Other Holding Companies: 551112
Recent Events
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UPDATE: Lloyds Chairman: Right Team In Place To Get Out Of Crisis
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3rd UPDATE: EU Approves Lloyds Plan To Shed State Aid
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Lloyds, RBS to Sell 100s of Branches, Businesses
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UPDATE: UK To Announce Lloyds, RBS Revamps Tuesday - Government Source
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Two Lloyds Directors Step Down As New Chairman Sets Course
News & Analysis
Filter by
finance and hbos plc. - All News and Analysis
Lloyds Investors to OK £13.5 Bln Cash Call
BIRMINGHAM, England (Reuters UK) - Investors in Lloyds LLOY are on Thursday expected to approve the bank's record rights issue but give executives a grilling for mistakes made during the financial crisis.Lloyds, which has more investors than any other British company after its takeover of HBOS in January, is seeking...
Bank Loaned £60 Billion to RBS, HBOS
By Keith WeirLONDON (Reuters UK) - The Bank of England disclosed on Tuesday that it provided almost 62 billion pounds in emergency loans to Royal Bank of Scotland RBS and HBOS LLOY at the height of the credit crisis last year.The Bank said it did not give details of the...
Why Can't Boards Get Risk Management Right?
Presumably, Sir James Crosby was trying to protect the FSA from further embarrassment by stepping down from his job as the regulator's deputy chair. But in resigning, he's brought to light the reason: that he's said to have ignored a red alert from a risk manager while in charge of...
Zacks Analyst Blog Highlights: Biogen Idec, Inc., Royal Bank of Scotland Group Plc., Lloyds TSB Group Plc., HBOS Plc. and Strayer Education, Inc
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Biogen Idec, Inc. (Nasdaq: BIIB), Royal Bank of Scotland Group Plc....
Zacks Analyst Blog Highlights: Everest Re Group, Ltd., State Auto Financial Corp., Sangamo Biosciences, Inc., Lloyds TSB Group Plc. and HBOS Plc
CHICAGO -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Everest Re Group, Ltd. (NYSE: RE), State Auto Financial Corp. (Nasdaq:...
Chamber welcomes interest rate move; Sheerman attempts to secure local HBOS jobs
Byline: By HENRYK ZIENTEK News Reporter A BUSINESS group in Huddersfield today welcomed the Bank of England's emergency 0.5% interest rate cut - but said further reductions in the cost of borrowing were needed to help kick-start the stagnant UK economy. Steven Leigh, senior policy adviser for the...
Yes to Lloyds-HBOS 'Superbank', No to Short Sellers
The Telegraph called it a the triumph of the hare over the tortoise. Risk-averse Lloyds TSB looks set to take over HBOS to form what's been called a £30bn 'superbank' -- with 28 per cent of the UK mortgage market and links to 40 per cent of UK homes. ...
European stocks slide amid focus on heavyweights
LONDON AFP — European equity prices dropped on Friday as oil and mining majors lost ground, but losses were limited by gains to banking share prices, traders said. In late morning trade, London's FTSE 100 index of leading shares fell 0.51 percent to 5,846.80 points. Frankfurt's DAX 30...
Mortgage lender HBOS may launch rights issue
LONDON AFP — The board of HBOS, Britain's biggest mortgage lender, will meet Monday to discuss a possible multi-billion pound rights issue due to the international credit crunch, media reported Sunday. The firm, which declined to comment on the reports, will decide whether to raise extra money from investors...
Time to lend lenders a hand.
Lenders have had a tough time of late, Mervyn King was spot on talking to the major high street banks last month about what support they could receive. Jonathan Cornell The mortgage market seems to be in a rather strange place at the moment....
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jo Dawson | CEO, Retail Distr & Insurance, Investment |
| Philip Gore-Randall | COO |
| Shane ORiordain | Group General Manager, Communications |
| Nigel Stockton | Managing Director, Intermediary Mortgages |
| Anne Shiels | Director of Retail Hr |
| Charles Wycks | Director, Investor Relations |
| Derek Bottom | Head of Business |
| Gren Folwell | |
| Harry Baines | General Counsel & Secretary |
| Jon Foulds | |
| Kathleen Nealon | Non-Executive Director |
| Mark Hemingway | Head, Media Relations |
| Mike Blackburn | |
| Philip Hanson | Head, Marketing |
| Philip Yea | non-Executive Director |
| Ray Macfarlane | Head of Community Relations, Sponsorship and Scottish Government Relations |
| Roger Boyes | |
| Stevenson Dennis | |
| Emete Hassan | Director |
| Enoch Hill | Secretary |
| John E Mack | Director |
| Jonas Dearnley Taylor | Secretary |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Colin Matthew | Board of Directors |
| Coline McConville | Board of Directors |
| Dan Watkins | Board of Directors |
| David Sole | Board of Directors |
| George Mitchell | Board of Directors |
| Ian Lovett | Board of Directors |
| John Van der Wielen | Board of Directors |
| Karen Crowshaw | Board of Directors |
| Karen Jones | Board of Directors |
| Mike Ellis | Board of Directors |
| Paul Duffin | Board of Directors |
| Peter Cummings | Board of Directors |
| Sir Ronald Garrick | Vice Chairman |
| Tony Hobson | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | CEO, Retail Distr & Insurance, Investment | Current |
| HBOS plc | Board of Directors | Current |
| HBOS plc | Chief Executive, Insurance & Investment Division | Former |
| HBOS plc | Group Director, Risk | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Group General Manager, Communications | Current |
| HBOS plc | Group General Manager, Communications | Former |
| HBOS plc | Head, Comm | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Managing Director, Intermediary Mortgages | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Director of Retail Hr | Current |
| HBOS plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Director, Investor Relations | Current |
Derek Bottom joined the Board of Governors in 2006. In his day job, he is Head of Business with HBOS Plc. He has held a number of senior roles within the bank covering a range of disciplines including Corporate Banking, Sales and Marketing, E-commerce,and Operational and Credit Risk Management. He recognises that he has been very fortunate in the range of experiences he has had throughout his career and was keen to take up the opportunity to re-invest some of these experiences back into the voluntary sector. HBOS fully supports colleagues who are keen to become involved in the charitable sector by allowing them to spend several days a year in this area. Outside work, Derek enjoys a range of sports including Cycling, Football and Hillwalking. He has completed many fundraising charity events and last year completed LeJog, cycling Lands End to John O' Groats in 10 days. He has a wife and two teenage children and lives in Dunfermline.
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Head of Business | Current |
| Scotland's Runaway Children | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Current | |
| 4 P, Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | General Counsel & Secretary | Current |
| HBOS plc | Board of Directors | Current |
| Federal-Mogul Corporation | Former | |
| Bank of Scotland | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Current |
Kate Nealon was appointed a Non-executive Director in January 2005 and became Chairman of the Remuneration Committee and a member of the Nominations Committee on 1 April 2006. She is also a member of the Company's Audit Committee. Kate is a US-qualified lawyer and was Group Head of Legal and Compliance for Standard Chartered plc until 2004. Kate previously practised international banking and regulatory law in New York. Kate is a Non-executive Director of HBOS plc and Monitor (the independent regulator of the NHS Foundation Trust Hospitals) as well as being a senior associate of the Judge Business School at Cambridge University.
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Non-Executive Director | Current |
| Cable And Wireless PLC | Member | Current |
| Cable And Wireless PLC | Board of Directors | Current |
| HBOS plc | Board of Directors | Current |
| Morrison & Foerster LLP | partner | Former |
| Standard Chartered plc | Group Head | Former |
| Cable And Wireless PLC | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Head, Media Relations | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Head, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | non-Executive Director | Current |
| 3 I Corp | Current | |
| Vodafone Group Plc | Board of Directors | Current |
| 3i Group plc | Chief Executive | Former |
| Investcorp, Inc. | managing director | Former |
| Investcorp | managing director | Former |
| Vodafone Group Plc | non-Executive Director | Former |
| The Gleneagles Hotel, Ltd. | Chairman | Former |
| University of Oxford | degree in Modern Languages (French and Spanish) | Former |
Ray Macfarlane is head of community relations, sponsorship and Scottish Government relations with HBOS plc. Currently based in Edinburgh, she is responsible for the HBOS group strategy for corporate social responsibilty including sponsorship activity and the HBOS Foundation.
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Head of Community Relations, Sponsorship and Scottish Government Relations | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Current | |
| Manpower Inc. | Non-executive director | Former |
| Bank of Scotland | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| HBOS plc | CEO, Business Banking Division | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
Dan graduated from Oxford in 1985 with a degree in Politics, Philosophy and Economics. Dan worked in the City for Morgan Grenfell before joining Birmingham Midshires in 1993 where he worked in risk management . He became Treasurer in 1996. After a number of senior roles within Birmingham Midshires, he became Managing Director in September 2001 and joined the Retail board. He led Birmingham Midshires through a period of significant change and growth, as it became part of the HBOS group. In January 2005 Dan became Head of Retail Risk. He was appointed to the position of Group Risk Director, becoming a member of the Executive Committee, in March 2006.
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| HBOS plc | CEO, Retail Product | Former |
| HBOS plc | Managing Director | Former |
| HBOS plc | Group Director, Risk | Former |
| Organization | Position | Status |
|---|---|---|
| Kilchoman Distillery Co. Ltd. | Board of Directors | Current |
| HBOS plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Director | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| H2DIESEL | Director Audit committee Chair | Current |
| Wilson Turbopower, Inc. | Board of Directors | Current |
| Incapital Holdings LLC | Director | Current |
| HBOS plc | Director | Current |
| H2DIESEL | Member, Board of Directors | Former |
| University of Virginia | MBA | Former |
| Davidson College | Ab Degree In Economics | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Spirit Group Limited | CEO | Current |
| HBOS plc | Board of Directors | Current |
| Spirit Group Limited | Board of Directors | Current |
| Spirit Group Limited | chief executive | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| W.H. Smith PLC | Board of Directors | Current |
| HBOS plc | Group Finance Director | Former |
| Halifax Plc | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| Banking Corporation | General Manager | Former |
| Mortgages Limited | Head | Former |
| Organization | Position | Status |
|---|---|---|
| HBOS plc | Board of Directors | Current |
| HBOS plc | CEO, Corp | Former |
| Bank of Scotland | Head of Corporate Recovery | Former |
| Strathclyde University | Mba | Former |
| Organization | Position | Status |
|---|---|---|
| Scottish Enterprise | Deputy Chairman | Former |
| Weir Group plc | Chairman | Former |
| HBOS plc | Board of Directors | Former |
Tony Hobson was appointed as Chairman to the Board on 24 May 2007. Tony is also a Director of Cenkos Securities plc which is admitted to AIM. He was previously Group Finance Director of Legal & General Group plc for fourteen years retiring in 2001 ; and the Senior Independent Director of Thames Water plc, prior to its acquisition by RWE in 2000. He is a member of the Board of Trustees of the Darden Graduate School of Business, University of Virginia.
| Organization | Position | Status |
|---|---|---|
| Sage Software | Chairman and Non-Executive Director | Current |
| Sage Group Plc | Chairman | Current |
| Northern Foods plc | Chairman | Current |
| HBOS plc | Board of Directors | Current |
| Dwr Cymru Welsh Water | Board of Directors | Current |
| Glas Cymru | Director | Current |
| E-Sure, Inc. | Board of Directors | Current |
| University of Virginia | Board of Trustees | Current |
| Cenkos Securities Plc | Director | Current |
| Legal & General Group Plc | Group Finance Director | Former |
| Volume | 1,200 |
| Shares Outstanding | 10.4M |
| Market Cap | 76.7M |
| Year High | 10.79 |
| Year Low | 5.080 |
| Earnings Per Share | 0.030 |
| P/E Ratio | 245.6667 |
| Dividend | 0.32 |
| Yield | 4.3419 |
