Mr. David Potts

Former Finance Director, LLOYDS T S B ASSET FINANCE DIVISION LTD


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Member of the Financial Services Council

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Council Member Biography

David Potts was until September 2007, the Finance Director at Lloyds TSB Asset Finance Division, a commercial lending firm based in United Kingdom. In the consumer lending sector the business traded as Black Horse Finance and in the corporate leasing and commercial finance sectors under the Lloyds TSB brand. Mr. Potts has over 20 years of experience in financial services including identification and execution of strategy, acquisitions and the management of major corporate change. Within the consumer lending area he is knowledgeable on all aspects of unsecured personal loans, second mortgages, payday lending, motor lending and hire purchase, retail store lending and broker introduced loans. In the corporate area he is knowledgeable on car leasing and contract hire including residual value positioning, property, stock and inventory finance, factoring, invoice discounting and small and medium ticket leases. (This is me - Update Profile)


Employment History

2000 - 2007
Finance Director, LLOYDS T S B ASSET FINANCE DIVISION LTD

GLG NewsSM Analyses by David Potts

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Rate of UK job cuts in financial services forecast to decline in Q3

July 1, 2009

U.K. Financial Firms Plan 13,000 Job Cuts Even as Optimism Grows, CBI Says | www.bloomberg.com

The Confederation of British Industry talks about further job cuts in financial services in the next quarter but should this be surprising? The forecast represents a fall in the rate of compared with Q1 and Q2 2009 and this at a time when a major banking merger in the UK is in progress.

First repayment for UK bank

June 9, 2009

Lloyds Banking Group boosts Brown with £2.3bn bailout repayment | business.timesonline.co.uk

Is this a sign that the worst of the UK banking crisis is over, it is hard to imagine 3 month ago that a major UK bank could have raised equity in this way. Given that the markets now believe that the capital bases of the UK banks are strong, the banks themselves can continue their increase in lending and the support that they give to the UK and other economies

GLG Study Groups with David Potts(?)

Study Group Name No. Members
Sub-Prime Lending Experts 637
Structured Finance Experts 365
Fleet Management Experts 339
Asset Backed Securities Experts 164

GLG Live Meetings with David Potts(?)

David Potts has not participated in any GLG Live Meetings.

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