Now give up your 240,000 pension, angry Lloyds shareholders tell ex-bank chief Andy Hornby who presided over disastrous rescue of HBOS

Now give up your 240,000 pension, angry Lloyds shareholders tell ex-bank chief who presided over disastrous rescue of HBOSHBOS saddled with 238billion of debt had to be bailed out by LloydsCampaigners say pension should be paid to ordinary investors who lost outLloyds had to be bailed out with 20.5billion of taxpayers’ money in October 2008, weeks after its takeover rescue of HBOS By James Salmon PUBLISHED: 23:51 GMT, 10 April 2013 | UPDATED: 01:26 GMT, 11 April 2013 Lloyds shareholders called for former HBOS chief executive Andy Hornby to give up his 240,000 pension Furious Lloyds shareholders last night led calls for disgraced former HBOS chief executive Andy Hornby to give up his gold-plated pension worth more than 240,000 a year.

Banks are accused of not being as strong as they claim and hiding 60bn black hole from investors

Banks are accused of not being as strong as they claim and hiding 60bn black hole from investorsSir Mervyn King said the black hole was 'holding back our recovery'Bank of England blamed shortfall on hidden losses on loans, mis-selling scandals and 'misleading' accounting by country's biggest lendersIt ordered audit into banks' finances and called for lenders to raise funds | UPDATED: 00:11 GMT, 30 November 2012 Sir Mervyn King said banks need to raise 60billion to protect against future losses British banks are not as strong as they claim and could need to raise as much as 60billion of emergency funds to protect against future losses, the Bank of England warned yesterday. Its governor, Sir Mervyn King, said the black hole at the heart of the banking system was ‘holding back our recovery’ and must be tackled ‘head on’. The Bank blamed the shortfall on hidden losses on toxic loans, the mounting bill from mis-selling scandals, and ‘misleading’ accounting by the country’s biggest lenders – Royal Bank of Scotland, Lloyds Banking Group, Barclays and HSBC