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The Scottish Affairs Committee will call on the Government to clarify big questions about a possible break-up of the union, which are making people “confused and concerned” on both sides of the border. Scotland’s national debt is one of the most pressing
BOB Diamond certainly doesn't need the money. But at the end of last week, the big-jawed American boss of Barclays Bank took his share of a £1.5bn bonus pool. Estimates put his own cut at somewhere above £3 million. Even after the de-knighting of "Sir" F
Two city worker's walk through the City of London on September 18, 2008. British bank Lloyds TSB on Thursday agreed to buy rival HBOS for 12,2 billion pounds (15,4 billion euros, 21,8 billion dollars) as the raging global financial storm claimed another... View Photo »
LONDON – U.K. lender Lloyds TSB Bank PLC (LGY) priced its new subordinated Tier 2 bonds as a part of its planned exchange offer, one of the banks running the sale said Friday. The bank offered investors holding Tier 1 notes issued by HBOS Euro Finance th
Don't believe he myth that Barclays didn’t benefit from state support. Barclays chief executive Bob Diamond is thought to have received a bonus of just under £1m. Photograph: Getty Images. It's payday for the man Peter Mandelson once described as the "un
Direct comparisons between Lloyds and RBS are not straightforward: Lloyds inherited 80% of its impairment charges as a result of the rescue of HBOS, Royal Bank of Scotland's losses were mostly homegrown How much will it cost to clean up Lloyds Banking Gr
Campaigners have called for former Lloyds chairman Sir Victor Blank to be treated in the same way as Fred Goodwin and be stripped of his knighthood. Sir Victor was knighted in 1999 "for services to the financial industry" before he joined Lloyds, but cri
HBOS plc was a banking and insurance group in the United Kingdom, the holding company for Bank of Scotland plc, which operated the Bank of Scotland and the Halifax brands; HBOS Australia, and HBOS Insurance & Investment Group Limited, the group's insurance division. It is now a wholly owned subsidiary of the Lloyds Banking Group. Although... Full Article
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