CVC Adds Ex-Lloyds CEO

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.


In Depth

Q&A: Reg A+ Will Transform the Alternative Asset Landscape

Jul 7 2015 | 4:03pm ET

In addition to easing capital formation for small companies, Regulation A+ has enormous...

Lifestyle

Fiat Chrysler Files Paperwork For Ferrari IPO

Jul 23 2015 | 5:05pm ET

Italian sportscar maker Ferrari has taken a step closer to a stock market listing...

Guest Contributor

Lifting of Foreign Ownership Limits Signals Sea Change in Vietnam's Capital Markets

Jul 28 2015 | 3:01pm ET

The lifting of restrictions on foreign ownership limits in Vietnam later this year...

 

Editor's Note