The threat of a power vacuum at the top of Lloyds
Lloyds shocked investors last Wednesday with news Antonio Horta-Osorio, CEO since March, was ill with work-related fatigue and stress, adding the 47-year-old should return by the year-end.
With information scarce, there are worries Horta-Osorio may need longer to recover or may not return.
Finance director Tim Tookey, due to leave in February for another job, was appointed interim CEO, adding to worries that Horta-Osorio's executive upheaval since arriving has left Lloyds thin at the top, at a time when it faces several headwinds.
Exane BNP Paribas estimated Lloyds will make a third-quarter loss of 445 million pounds and Nomura predicts it will lose 513 million on the back of higher funding costs and losses on bad loans.
That would add to a first-half loss of 3.25 billion pounds, hit by compensation for customers mis-sold insurance products.
Lloyds has also been trying to sell 632 retail bank branches. New bank venture NBNK
Analysts have said there was no obvious replacement for Horta-Osorio. Standard Chartered
Lloyds shares fell 3.1 percent to 27.69 pence on Monday, less than half the 63.1 pence Britain paid for its 41 percent stake.
(Editing by Dan Lalor)