UKSA is holding a public meeting for the holders of West Bromwich Building Society PIBS on the 5th September. See this press release for more information, or go to this page for more background information. A subsequent report on this meeting and the Society's meeting on the previous day is given in this note.
Bradford & Bingley has announced they are not going to pay interest on their subordinated bonds when the next payment becomes due. UKSA issued this press release commenting on the position of the holders of these bonds (formerly called PIBS).
This note was issued on the interim management reports of Lloyds, RBS and Barclays and also gave some voting recommendations for the Lloyds Banking Group AGM. But no sooner had we issued it than Sir Victor Blank announced his departure as Chairman of Lloyds Bank (perhaps he realised that pressure to go was mounting) so we issued this press release.