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HBOS

HBOS

  1. MSPs demand probe into Scottish banking sector
    The Scotsman logo The Scotsman 2 hours ago

    And they also called on the Scottish Government to ask the OFT to look into the issue. The report said the global financial crisis had a "profound" impact on the industry in Scotland. The country's two largest banks, the Royal Bank of Scotland (RBS)... Full Article at The Scotsman

  2. Banks Told To 'serve The Economy'
    Edinburgh News 2 hours ago

    RBS and HBOS, now part of Lloyds, were bailed out by the UK government Failing banks should never again be able to "hold a gun" to the heads of taxpayers in Scotland, according to a report from MSPs. Holyrood's economy, energy and tourism committee call Full Article at Edinburgh News

  3. Reuters Pictures 2 weeks ago
    A branch sign is seen at a branch of Lloyds TSB in London February 26, 2010. Lloyds, Britain's largest retail bank, suffered another big loss last year as it took a 24 billion pounds ($37 billion) hit from loans that soured, mostly assets inherited from...

    A branch sign is seen at a branch of Lloyds TSB in London February 26, 2010. Lloyds, Britain's largest retail bank, suffered another big loss last year as it took a 24 billion pounds ($37 billion) hit from loans that soured, mostly assets inherited from... View Photo »

  4. Retail figures have been poor and the weather has been bad, which will have contributed to a drop in economic activity. This very big fall in public sector employment can be explained by HBOS and RBS, and I was quite amazed by the numbers.
    SOURCE: Edinburgh News 15 hours ago
  5. Closing the door on tough times at Close Brothers
    Times Online logo Times Online 2 days ago

    Close is also taking share in motor finance, its next most important line. The explanation is the same on both fronts. Mergers forged amid the financial crisis have reduced the effectiveness of rivals — such as the combination of HBOS and Lloyds TSB,... Full Article at Times Online

  6. The insiders: blowing the whistle
    Times Online logo Times Online 2 days ago

    As head of group regulatory risk at HBOS, Mr Moore warned the bank that the company was growing too fast and that its sales culture was “significantly out of balance with their systems and controls”. The board rebuffed these claims and Sir James Crosb Full Article at Times Online

  7. For HBOS read Manchester United
    New Statesman logo New Statesman 3 days ago

    We could be talking about the banking industry, but the description works equally well for football. For HBOS read Manchester United; for Northern Rock read Crystal Palace; and for Lehman Brothers read Real Madrid, Portsmouth - now in administration -... Full Article at New Statesman

  8. Reuters Pictures 2 weeks ago
    A sign is seen outside a branch of Lloyds TSB, in central London February 26, 2010. Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last...

    A sign is seen outside a branch of Lloyds TSB, in central London February 26, 2010. Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last... View Photo »

  9. 3i has looked at Connaught but is interested in the social housing space as a whole. It is too early to say whether a deal will happen, particularly as 3i is still in the running for the HBOS integrated finance portfolio, which includes Apollo and Keepmoat.
    SOURCE: Building 6 days ago
  10. hbo's HUNG Intro
    YouTube Logo YouTube Videos 8 months ago
  11. Lloyds 'mulls demerger of commercial property arm'
    The Scotsman logo The Scotsman 3 days ago

    However, analysts said yesterday that complicating such a dec ision would be the fact that, with the taxpayer owning 41.3 per cent of Lloyds, any incoming government would need to keep a significant holding in the new property vehicle. One analyst... Full Article at The Scotsman

  12. Scots ‘must be bold and lay ghost of RBS’
    Times Online logo Times Online 4 days ago
    Frank Docherty, Managing Director of Career Associates, Edinburgh

    But haven’t the woes of Royal Bank of Scotland and HBOS rubbed the shine off the country’s business community? “No, I don’t believe it has over the longer term,” he says. “Scottish companies will continue to be hugely successful in many different... Full Article at Times Online

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About HBOS

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Related Photos

A sign is seen outside a branch of Lloyds TSB, in central London February 26, 2010. Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last year's takeover of rival HBOS.
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  1. A branch sign is seen at a branch of Lloyds TSB in London February 26, 2010. Lloyds, Britain's largest retail bank, suffered another big loss last year as it took a 24 billion pounds ($37 billion) hit from loans that soured, mostly assets inherited from its controversial takeover of... Reuters Pictures 2 weeks ago

    A branch sign is seen at a branch of Lloyds TSB in London February 26, 2010. Lloyds, Britain's largest retail bank, suffered another big loss last year as it took a 24 billion pounds ($37 billion) hit from loans that soured, mostly assets inherited from its controversial takeover of...

    View Photo »
  2. A sign is seen outside a branch of Lloyds TSB, in central London February 26, 2010. Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last year's takeover of rival HBOS. Reuters Pictures 2 weeks ago

    A sign is seen outside a branch of Lloyds TSB, in central London February 26, 2010. Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last year's takeover of rival HBOS.

    View Photo »
  3. The Bank of England is seen in central London, Wednesday Nov. 25, 2009. Britain's treasury minister on Wednesday defended the secrecy surrounding the Bank of England's decision to loan 61.6 billion british pounds ($101.8 billion US) to save two banks from collapse last year. The central... AP Photo logo AP Photo 3 months ago

    The Bank of England is seen in central London, Wednesday Nov. 25, 2009. Britain's treasury minister on Wednesday defended the secrecy surrounding the Bank of England's decision to loan 61.6 billion british pounds ($101.8 billion US) to save two banks from collapse last year. The central...

    View Photo »
  4. A Lloyds TSB sign hangs outside a branch, in central London August 5, 2009. Britain's Lloyds Banking Group sank to a 4 billion pounds ($6.8 billion) loss in the first half, battered by a surge in bad debts from its HBOS. business, but the bank told investors it was through the worst. Reuters Pictures 7 months ago

    A Lloyds TSB sign hangs outside a branch, in central London August 5, 2009. Britain's Lloyds Banking Group sank to a 4 billion pounds ($6.8 billion) loss in the first half, battered by a surge in bad debts from its HBOS. business, but the bank told investors it was through the worst.

    View Photo »
  5. A pedestrian passes the head office of the Lloyds Banking Group in central London August 5, 2009. Britain's Lloyds Banking Group sank to a 4 billion pounds ($6.8 billion) loss in the first half, battered by a surge in bad debts from its HBOS business, but the bank told investors it was... Reuters Pictures 7 months ago

    A pedestrian passes the head office of the Lloyds Banking Group in central London August 5, 2009. Britain's Lloyds Banking Group sank to a 4 billion pounds ($6.8 billion) loss in the first half, battered by a surge in bad debts from its HBOS business, but the bank told investors it was...

    View Photo »
  6. People walk by a branch of Lloyds Banking Group in the City of London, Wednesday, Aug. 5, 2009. Lloyds Banking Group PLC, part owned by the British government after a bailout, on Wednesday reported a loss of 3.1 billion pounds ($5.3 billion) for the first half of the year as bad loans... AP Photo logo AP Photo 7 months ago

    People walk by a branch of Lloyds Banking Group in the City of London, Wednesday, Aug. 5, 2009. Lloyds Banking Group PLC, part owned by the British government after a bailout, on Wednesday reported a loss of 3.1 billion pounds ($5.3 billion) for the first half of the year as bad loans...

    View Photo »
  7. A man enters the headquarters of Lloyds Banking Group in the City of London, Wednesday, Aug. 5, 2009. Lloyds Banking Group PLC, part owned by the British government after a bailout, on Wednesday reported a loss of 3.1 billion pounds ($5.3 billion) for the first half of the year as bad... AP Photo logo AP Photo 7 months ago

    A man enters the headquarters of Lloyds Banking Group in the City of London, Wednesday, Aug. 5, 2009. Lloyds Banking Group PLC, part owned by the British government after a bailout, on Wednesday reported a loss of 3.1 billion pounds ($5.3 billion) for the first half of the year as bad...

    View Photo »
  8. LONDON, ENGLAND - AUGUST 05: A man walks past a branch of Lloyds Bank in the City of London on August 5, 2009 in London, England. Lloyds Bank, which is 43% state-owned, has recorded a 4 billion GBP loss in the first 6 months of 2009 which it attributed to HBOS' toxic assets, which it... Getty Images logo Getty Images 7 months ago

    LONDON, ENGLAND - AUGUST 05: A man walks past a branch of Lloyds Bank in the City of London on August 5, 2009 in London, England. Lloyds Bank, which is 43% state-owned, has recorded a 4 billion GBP loss in the first 6 months of 2009 which it attributed to HBOS' toxic assets, which it...

    View Photo »
  9. LONDON, ENGLAND - AUGUST 05: A general view of a branch of Lloyds Bank in the City of London on August 5, 2009 in London, England. Lloyds Bank, which is 43% state-owned, has recorded a 4 billion GBP loss in the first 6 months of 2009 which it attributed to HBOS' toxic assets, which it... Getty Images logo Getty Images 7 months ago

    LONDON, ENGLAND - AUGUST 05: A general view of a branch of Lloyds Bank in the City of London on August 5, 2009 in London, England. Lloyds Bank, which is 43% state-owned, has recorded a 4 billion GBP loss in the first 6 months of 2009 which it attributed to HBOS' toxic assets, which it...

    View Photo »
  10. The Lloyds Banking Group headquaters are pictured in central London, on June 30, 2009. Britain's state-controlled Lloyds Banking Group axed 2,100 more jobs on Tuesday as it sought to streamline operations and recover from the global financial crisis and the costly takeover of rival HBOS. Getty Images logo Getty Images 8 months ago

    The Lloyds Banking Group headquaters are pictured in central London, on June 30, 2009. Britain's state-controlled Lloyds Banking Group axed 2,100 more jobs on Tuesday as it sought to streamline operations and recover from the global financial crisis and the costly takeover of rival HBOS.

    View Photo »
  11. Group Chief Executive of Lloyds Banking Group Eric Daniels walks through the Scottish Exhibition and Conference Centre (SECC) before the company's annual general meeting (AGM) in Glasgow, Scotland, June 5, 2009. Lloyds Banking Group investors expressed disappointment over the bank's... Reuters Pictures 9 months ago

    Group Chief Executive of Lloyds Banking Group Eric Daniels walks through the Scottish Exhibition and Conference Centre (SECC) before the company's annual general meeting (AGM) in Glasgow, Scotland, June 5, 2009. Lloyds Banking Group investors expressed disappointment over the bank's...

    View Photo »
  12. A protester adjusts his bib prior to the Lloyds Banking Group's annual general meeting (AGM) at the Scottish Exhibition and Conference Centre (SECC) in Glasgow, Scotland, June 5, 2009. Lloyds Banking Group investors expressed disappointment over the bank's controversial takeover of... Reuters Pictures 9 months ago

    A protester adjusts his bib prior to the Lloyds Banking Group's annual general meeting (AGM) at the Scottish Exhibition and Conference Centre (SECC) in Glasgow, Scotland, June 5, 2009. Lloyds Banking Group investors expressed disappointment over the bank's controversial takeover of...

    View Photo »
  13. A protester hands out leaflets to shareholders before the Lloyds Banking Group's annual general meeting (AGM) at the Scottish Exhibition and Conference Centre (SECC) in Glasgow, Scotland, June 5, 2009. Lloyds Banking Group investors expressed disappointment over the bank's controversial... Reuters Pictures 9 months ago

    A protester hands out leaflets to shareholders before the Lloyds Banking Group's annual general meeting (AGM) at the Scottish Exhibition and Conference Centre (SECC) in Glasgow, Scotland, June 5, 2009. Lloyds Banking Group investors expressed disappointment over the bank's controversial...

    View Photo »
  14. Chairman of Lloyds Banking Group, Victor Blank, is seen smiling as he leaves the bank's head offices in London in this September 18, 2008 file photo. Blank is to step down as chairman of Lloyds Banking Group in the next year, following intense criticism of his part-nationalised British... Reuters Pictures 10 months ago

    Chairman of Lloyds Banking Group, Victor Blank, is seen smiling as he leaves the bank's head offices in London in this September 18, 2008 file photo. Blank is to step down as chairman of Lloyds Banking Group in the next year, following intense criticism of his part-nationalised British...

    View Photo »
  15. A file photo taken on September 18, 2008 shows Lloyds Banking Group chairman Victor Blank in central London. Blank will step down from his post by June 2010, the British government-controlled banking giant said on May 17, 2009. Blank has been sharply criticized for his role in Lloyds... Getty Images logo Getty Images 10 months ago

    A file photo taken on September 18, 2008 shows Lloyds Banking Group chairman Victor Blank in central London. Blank will step down from his post by June 2010, the British government-controlled banking giant said on May 17, 2009. Blank has been sharply criticized for his role in Lloyds...

    View Photo »
  16. File - This is a file photo dated Sept. 18 2008 of Sir Victor Blank, chairman of Lloyds Banking Group. Sir Victor Blank, the chairman of Lloyds Banking Group PLC, will step down amid criticism over the purchase of struggling bank HBOS, a British newspaper reported Sunday May 17 2009. ... AP Photo logo AP Photo 10 months ago

    File - This is a file photo dated Sept. 18 2008 of Sir Victor Blank, chairman of Lloyds Banking Group. Sir Victor Blank, the chairman of Lloyds Banking Group PLC, will step down amid criticism over the purchase of struggling bank HBOS, a British newspaper reported Sunday May 17 2009. ...

    View Photo »
  17. A man walks past a logo at the headquarters building of Lloyds Banking Group in London, Thursday April 23, 2009. Lloyds Banking Group PLC, Britain's largest retail bank, said Thursday that it is cutting 910 full-time positions in its motor finance business. Lloyds, which has 140,000... AP Photo logo AP Photo 10 months ago

    A man walks past a logo at the headquarters building of Lloyds Banking Group in London, Thursday April 23, 2009. Lloyds Banking Group PLC, Britain's largest retail bank, said Thursday that it is cutting 910 full-time positions in its motor finance business. Lloyds, which has 140,000...

    View Photo »
next
Reuters Pictures 2 weeks ago

A sign is seen outside a branch of Lloyds TSB, in central London February 26, 2010. Lloyds, Britain's largest retail bank, shrank its losses in 2009, despite a 24 billion pound ($37 billion) hit from loans that soured, mostly assets inherited from last year's takeover of rival HBOS.

View Photo »
View All »

Related Topics

  1. Royal Bank of Scotland Royal Bank of Scotland
  2. Northern Rock Northern Rock
  3. Halifax Corp Halifax Corp
  4. Financial Services Authority
  5. Bank of England Bank of England
  6. Economic Recession Economic Recession

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Related Quotes

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  • 1/25
  1. Retail figures have been poor and the weather has been bad, which will have contributed to a drop in economic activity. This very big fall in public sector employment can be explained by HBOS and RBS, and I was quite amazed by the numbers.
    SOURCE: Edinburgh News 15 hours ago
  2. 3i has looked at Connaught but is interested in the social housing space as a whole. It is too early to say whether a deal will happen, particularly as 3i is still in the running for the HBOS integrated finance portfolio, which includes Apollo and Keepmoat.
    SOURCE: Building 6 days ago
  3. The big one could have been HBOS but we have kept jobs there and hopefully the economy will start picking up
    SOURCE: Halifax Evening Courier 1 week ago
  4. I'm a primary school teacher in Bradford, Matt (Wilson, guitar and vocals] is a student, Ben (Hope, bass] works at HBOS and Alex (Brook, drums] is a chef. We're quite eclectic.
    SOURCE: Yorkshire Evening Post 2 weeks ago
  5. HBOS was not involved in fancy proprietary trading ... It was a bank involved in a classic problem of over-exuberant banking to commercial real estate.
    SOURCE: Property Week 2 weeks ago
  6. Unite has been working with Lloyds to minimise the number of redundancies at the bank as a result of the integration of Lloyds and HBOS businesses. The union is optimistic Lloyds will work with us to identify all options of alternative employment.
    SOURCE: SouthWestBusiness.co.uk 2 weeks ago
  7. By and large, the vast majority came from the HBOS commercial real estate portfolio.
    SOURCE: The Scotsman 2 weeks ago
  8. We have had a good look at the HBOS model and products and we are replacing a number of the products with Widows products and we are applying the Widows financial discipline and profitability model to the HBOS world and all of this is being run from Edinburgh.
    SOURCE: Herald Scotland 2 weeks ago
  9. Ireland is a classic example of everything that was wrong with HBOS -- late cycle entry into over-cooked property market, where you didn't know the customers, your underwriting standards were poor and you're paying a very heavy price
    SOURCE: International Business Times 2 weeks ago
  10. Lloyds stands by its prediction made when it took over HBOS in January 2009 that it would turn out to be a good deal
    SOURCE: Sky News 2 weeks ago
  11. There was a significant increase in impairments, which rose to £24bn from £14.9bn in 2008, principally due to the HBOS portfolios and their high level of exposure to commercial property
    SOURCE: Sky News 2 weeks ago
  12. Following the acquisition of HBOS in January 2009, the Group has recognised a gain of £11,173 million in respect of negative goodwill. This arises because the consideration paid to acquire HBOS, in January 2009, was considerably less than the fair value of the net assets acquired reflecting the unique c...
    SOURCE: Sky News Blogs 2 weeks ago
  13. Following the acquisition of HBOS in January 2009, the Group has recognised a gain of £11,173 million in respect of negative goodwill. This arises because the consideration paid to acquire HBOS, in January 2009, was considerably less than the fair value of the net assets acquired reflecting the unique c...
    SOURCE: Sky News Blogs 2 weeks ago
  14. In addition, the group has made excellent progress in the integration of HBOS plc following its acquisition on 16 January 2009.
    SOURCE: The Age 2 weeks ago
  15. There was a significant increase in impairments, which rose to 24.0 billion pounds from 14.9 billion pounds in 2008, principally due to the HBOS portfolios and their high level of exposure to commercial property
    SOURCE: The Age 2 weeks ago
  16. Lloyds stands by its prediction made when it took over HBOS that it would turn out to be a good deal
    SOURCE: Spire FM 2 weeks ago
  17. Not surprisingly, both of the big British banks that have suffered most in the crisis (HBOS and RBS) have -- like the locally controlled banks -- reported a severe loan-loss experience on the lending of their Irish subsidiaries.
    SOURCE: Irish Independent 3 weeks ago
  18. We have to realise that the current strategy for RBS and HBOS (as part of Lloyds] will see their focus on Edinburgh and the size of their workforce here diminish. More and more central functions have already moved to London and it is interesting to note that none of the board meetings of either bank are...
    SOURCE: The Scotsman 3 weeks ago
  19. The current company has been in existence since 1982, we have a long-established relationship with Lloyds Banking Group, formerly HBOS, our rental income has increased, and we have no development portfolio to speak of.
    SOURCE: Herald Scotland 1 month ago
  20. Lloyds boss who quit after disastrous HBOS takeover to advise government
    SOURCE: The Scotsman 1 month ago
  21. Still, until the HBOS deal, Sir Victor had a successful corporate and boardroom career, chairing companies including Trinity Mirror, the newspaper publisher, and GUS, the former owner of Argos and Experian.
    SOURCE: Sky News 1 month ago
  22. For the moment, the decision making is just not happening up here. A lot of the main decisions are being made by Lloyds Banking Group in London on behalf of HBOS property — and the same is true of RBS.
    SOURCE: Times Online 1 month ago
  23. We have fantastic relations with HBOS and despite the crisis of last year they have allowed me to have a warchest.
    SOURCE: Herald Scotland 1 month ago
  24. This is an interim step to enable the company to pursue a longer-term solution. The reality is that HBOS, due to its own issues, does not want to stay in long term. This deal gives a breathing space to decide the best way forward.
    SOURCE: Times Online 1 month ago
  25. It’s worth remembering that proprietary trading, hedge funds, private equity, these were not at the heart of the difficulties that Northern Rock or Royal Bank of Scotland or HBOS experienced.
    SOURCE: Times Online 1 month ago
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