Banks Fund Hires New Boss

Banks Fund Hires New Boss
 

The small business fund set up by Britain's biggest banks as part of an industry charm offensive will announce tomorrow the recruitment of another executive as it rebuffs political sniping about its contribution to the economic recovery.
I understand that the Business Growth Fund (BGF), which was set up last year with £2.5bn of capital from five major lenders, will say on Friday that it is appointing John Swarbrick as its first head of portfolio.
Mr Swarbrick will join from LDC, the private equity division of Lloyds Banking Group, the taxpayer-backed bank that is also one of the founding... read more

 
8 November 2012 in Business, Views: 5
Source: Orange News
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