Financial Times FT.com

Blank tries to quell HBOS concerns

By Jane Croft

Published: February 27 2009 20:52 | Last updated: February 27 2009 20:52

Sir Victor Blank, chairman of Lloyds Banking Group, on Friday tried again to quell growing concern about its controversial rescue of UK mortgage lender HBOS.

Click for full graphic“Acquisitions should be judged over time, not a few weeks after the deal has been completed,” he said. “The unanimous view of every member of our board is that it will be a success.”

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