COMPANIES Sir Victor Blank was re-elected chairman of Lloyds Banking Group on Friday at a stormy meeting in which dozens of investors questioned the level of due diligence carried out by the bank before it decided to rescue HBOS last year.
Sir Victor, who is stepping down as chairman next year following investor anger at the losses resulting from the HBOS acquisition, was challenged to stand down immediately by several angry shareholders at the annual meeting in Glasgow attended by 600 people.
