You are here: Home » International » News » Finance
Business Standard

As UK's Lloyds flies free, RBS years away from leaving state hands

The journey illustrates the diverging fortunes of the two British lenders bailed out by the govt

Reuters  |  LONDON 

Lloyds Chief Executive Antonio Horta-Osorio travelled at the front of the British Airways plane last week, enjoying the extra leg room in the business section on his way from London to the bank's annual meeting in Edinburgh. On the same flight in the economy section were RBS board members and other staff on their way to attend their own shareholder meeting in the Scottish capital being held on the same day a few miles away, people on the flight told Reuters. "This is what happens when your bank makes money," said one person on the flight, who asked not to be ...

This article is no longer available in our repository.

There could be multiple reasons for this.

RECOMMENDED FOR YOU