Wednesday, 7 October 2015
Last updated 15 hours ago
Mar 4 2013 | 12:17pm ET
Private equity firm CVC Capital Partners has named a former Lloyds Banking Group CEO a senior advisor.
Eric Daniels will serve on CVC's banking team. An American, Daniels led Lloyds from 2003 through 2011, when he retired and joined StormHarbour Partners as an adviser. Daniels oversaw Lloyds' disastrous acquisition of mortgage lender HBOS five years ago, which cost him some of his 2010 bonus last year.
CVC financial institutions chief Jonathan Feuer cited Daniels' "breadth of knowledge and understanding in banking, insurance and wealth management" as reasons for his hire.
Oct 7 2015 | 4:57am ET
Charity A Leg To Stand On (ALTSO) will hold its 12th Annual Hedge Fund Rocktoberfest – NYC on October 15 and its 4th Annual Rocktoberfest - Chicago on October 22. Read more…