In with the new

9 May 2011 By John Foley

A 10 percent drop in the UK lender’s first quarter pretax profit shows costs are too high and returns too low. With new boss Stuart Gulliver due to lay out his plans on May 11, the lacklustre numbers offer little longterm guide but clearly show how much there is to do.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)