RE: Divi's n Buybacks7 May 2023 14:13
Lloyds were greedy
They were given the "once in a lifetime" opportunity to become Uk largest mortgage company by buying failing HBOS. Under the mergers and monopoly regime, something that would never ever be allowed. In haste without proper due diligence they failed through pure greed.
It wasn't forced to buy HBOS just given the green light.