Interview: Andy Hornby: Riding Out a Storm

Summary


SINCE his appointment to the top job at HBOS two years ago, the City has been keeping a close eye on the progress of Andy Hornby, who arrived on the scene with a reputation as banking's boy wonder.

"Andy Hornby is a superstar," said analysts at Dresdner Kleinwort Wasserstein, who were clearly convinced that a banking messiah had emerged to lead them to Mammon's promised land.

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Extract


Interview: Andy Hornby: Riding Out a Storm

Sir James Crosby had surprised the markets by announcing his departure as chief executive at just 49 and when Hornby's only serious rival for the job, Mark Tucker, quit to join Prudential, Hornby was eased in with a fanfare that proved a little embarrassing to the publicity-shy Bristolian.

At 8.31am last Wednesday the chosen one was forced to ...

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