HBOS
Company and Financial Services Company
PRESS DIGEST - British business - Nov 16...it amongst the biggest independent producers of children's content. The Guardian LLOYDS LEFT WITH 54 MILLION POUND TAX BILL AFTER HBOS RULING Lloyds Banking Group<LLOY.L> has been told to pay 54 million pounds in corporation tax... In this article: Matalan, Virgin Media, UKTV, Living, Virgin, Sainsbury's, HBOS, and JP Morgan |
-
Guardian | 5 days ago
Lloyds facing GBP54m tax bill after HBOS ruling
...had to be bailed out by American taxpayers at the height of the banking crisis last year. Keen to reduce its credit exposure to AIG, HBOS agreed to pay GBP2.2m to the insurer in return for AIG agreeing to monetise the swaps for GBP180m.
In this article: Lloyds, Tax, AIG, and Derivative
-
Daily Mail | 6 days ago
Millions unable to use bank cards after HBOS system breaks down
...cards. All of the bank's cashpoints were out of action this morning and there were problems with card payments in shops after an HBOS IT centre in Yorkshire lost its electricity supply. The banking group, which has 10 million customers,...
In this article: Halifax and Bank of Scotland
-
BBC News | 7 days ago
Power failure hits HBOS customers
...disruption at an IT centre in Yorkshire caused problems to a range of Halifax and Bank of Scotland (HBOS) services. Power has now been restored, and the company says systems, including cash machines, are now running. Internet banking has...
In this article: Halifax, Internet banking, and London
-
Telegraph.co.uk - All news | 7 days ago
HBOS cashpoints hit by power failure
...the bank's cashpoints went down and there were also problems with authorising transactions in some shops. HBOS, which has 10 million customers, said it was working to restore services. A spokeswoman said: "Due to external power disruption...
In this article: Halifax and Bank of Scotland
-
Times Online | November 12, 2009
Kenmore Property collapse leaves Lloyds with a GBP700m hangover
...commercial property loanbook that Lloyds, which is 43 per cent-owned by the taxpayer, inherited from HBOS when it took over the bank last year. HBOS is understood to have pumped at least GBP700 million in loans and equity investments into...
In this article: Lloyds, Grant Thornton, Financial Services Authority, and Lehman Brothers
-
scotsman.com - Business | November 12, 2009
Property blow as bank pulls plug on Kenmore
...to raise AGBP13.5bn from investors. It is thought this has allowed Lloyds to start selling off assets acquired under its takeover of HBOS, which also operated a joint venture company with Kenmore. David Hunter, managing director of...
In this article: Lloyds, Joint venture, and London Stock Exchange
-
Daily Express | November 08, 2009
FSA probes £4billion rights issue at HBOS
...Store FlatShare Cruises HOME > MONEY > CITY & BUSINESS > FSA probes GBP4billion rights issue at HBOS FSA PROBES GBP4BILLION RIGHTS ISSUE AT HBOS The City watchdog is probing the "accuracy and completeness" of information THE CITY...
In this article: Lloyds TSB, Risk management, and Financial Services Authority
-
Independent.co.uk - Business | November 07, 2009
Inquiry asks if HBOS misled over rights issue
By Ian Fraser and Margareta Pagano A Financial Services Authority investigation into whether HBOS's former board may have misled investors at the time of the bank's abortive GBP4bn rights issue last year could "open the floodgates" to...
In this article: Lloyds, Balance sheet, Financial Services Authority, Andy Hornby, Dresdner Kleinwort, and Alliance Boots
-
Shareholders to sue Lloyds TSB chiefs over 'disastrous' HBOS takeover
FURIOUS investors are set to sue the directors of Lloyds TSB for AGBP250 million after claiming yesterday that its decision to buy HBOS (Halifax Bank of Scotland) had been "disastrous". An action group working on behalf of three million...
In this article: Lloyds TSB, London, Bad debt, Alistair Darling, and Gordon Brown
-
HBOS to alter overdraft changes
...overdrafts. Customers were due to be charged GBP1 a day if they went even 1p into the red, from 6 December. HBOS has now said it will offer a buffer zone to allow customers to go overdrawn by up to GBP10 a month without being...
In this article: Customer, Which?, and Colchester
Trends
Loading...
More on HBOS
Description from Wikipedia:
HBOS plc (LSE: HBOS) is a banking and insurance group in the United Kingdom, the holding company for Bank of Scotland plc, which operates the Bank of Scotland and the Halifax bank; HBOS Australia, owner of BankWest; and HBOS Insurance & Investment Group Limited, the group's insurance division. Although officially HBOS is not an abbreviation with any intrinsic meaning, it is widely recognised as an initialism for Halifax Bank of Scotland. The corporate headquarters of the group are in Edinburgh, Scotland; the old head office of the Bank of Scotland. Operational headquarters are based in Halifax, West Yorkshire, England; the old head office of Halifax.
HBOS was formed by the merger of Halifax plc and the Governor and Company of the Bank of Scotland, and the formation of HBOS was heralded as creating a fifth force in British banking as it created a company of comparable size and stature to the established Big Four UK retail banks. It is also the UK’s largest mortgage lender. HBOS is a public limited company listed on the London Stock Exchange. A reorganisation of the group initiated by the HBOS Group Reorganisation Act 2006 saw the transfer of Halifax plc to the Governor and Company of the Bank of Scotland, which was now a registered public limited company, Bank of Scotland plc.
- Name:
- HBOS PLC
- Type:
- Public (LSE: HBOS)
- Location City:
- Edinburgh
- Location Country:
- Scotland, UK
- Founded:
- 2001
- Industry:
- Finance and Insurance
- Key People:
-
- The Lord Stevenson of Coddenham , Chairman
- Andy Hornby, CEO
- Products:
- Financial Services
- Revenue:
- £21,291 million (2007)
- Operating Income:
- £5,149 million (2007)
- Net Income:
- £4,109 million (2007)
- No. of Employees:
- 72,000
Explore everything named HBOS...
