This is the best summary I could come up with:

Halifax Bank of Scotland’s bosses at the time – who regulators said had driven a culture of growth at all costs – accumulated £45bn in bad debts that required a £20bn taxpayer bailout after an emergency takeover by Lloyds TSB in 2008.

The change under Lloyds was palpable, Regnier says, with its then chief executive Eric Daniels running a “more measured culture” where power was not held tightly at the very top.

However, Regnier’s father told him that “in the UK, it’s accountants who run industry”, resulting in him taking a combined engineering, economics and management degree at Oxford.

That was later followed by a master’s in business at France’s Insead, where he met other future City figures including the Prudential Regulation Authority’s chief executive, Sam Woods.

That has put UK regulation and the country’s competitiveness front of mind, pushing Regnier to call for big changes from both Conservative and Labour leaders, which could help open up new funding opportunities for his bank post-election.

Age 52Family Married with two teenage children.Education Engineering, economics and management degree at Oxford; MBA at Insead.Last holiday “A long weekend on the coast near Middlesbrough, watching my son play cricket.”Pay £3.3m in 2023.Best advice he’s been given “Start with a ‘why’.”Biggest career mistake “Not gaining more international experience.”Word he overuses “Why … !

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