Commission which could come in the next three years. Mr Fingleton said in a speech yesterday the market – dominated by Royal Bank of Scotland, Barclays, Lloyds and HSBC – is over-concentrated and works against new entrants. The credit crisis exacerbated...

So Barclays needed 60 days to arrange a Shareholder Vote to approve a takeover as it involved >5% Barclays share capital and in those 60 days someone had to guarantee Lehman trades plus which the Clearing House in London was due a software upgrade that...

...at Baa3 Banco CEISS no guidance … senior at Baa3 Lico Leasing 1 notch … senior at Baa3 Sweden: Svenska Handelsbanken 2 notches ... hybrids at Baa2 Swedbank 1 notch … junior sub at Baa3 UK: Lloyds Banking Group 2 notches … sub debt at Baa3 Lloyds TSB Bank...

Lloyds' takeover of Halifax/Bank of Scotland, rescuing it from collapse, had eliminated HBOS as a major competitor in the personal current account market, he said. "The Lloyds-HBOS merger increased concentration in an already highly concentrated and...

Scotland’s national debt is one of the most pressing issues as there is controversy over whether it would be responsible for debts arising from the bail-out of Edinburgh-based Royal Bank of Scotland and HBOS. Estimates by Taxpayer Scotland have already...

And this is the issue which the Trades Union Congress has just addressed with a new report entitled Banking After Vickers. The Vickers Commission was set up by the Government in the aftermath of the crash to work out how to prevent the likes of RBS and...

But Misys chief executive Mike Lawrie will walk away from the company with a £1.7m golden goodbye to join American IT group Computer Services Corporation, relinquishing the helm of the merged group to Guy Dubois. Sir James Crosby, the former HBOS boss...

The bank offered investors holding Tier 1 notes issued by HBOS Euro Finance the opportunity to exchange them for new Lower Tier 2 bonds amid ongoing uncertainty about upcoming banking regulation in Europe. There was EUR153.66 million of new bonds issued.

It is also important to recognise that we were required and we did pay a price for these things, but I'm not trivialising the importance of the intervention. It was important. Without the state-led bailout of RBS and Lloyds-HBOS, there would have been...

Photograph: Oli Scarff/Getty Images A quick analysis of the results published by Lloyds for the same period - from the start of 2009 to the end of September 2011 - produces a figure of £55bn. This £55bn includes £45bn of impairment charges (from loans...

Sir Victor was knighted in 1999 "for services to the financial industry" before he joined Lloyds, but critics argue that his role in its disastrous takeover of HBOS four years ago means he should have the honour annulled. The bank required a ÂŁ21...

Ga.--(BUSINESS WIRE)--Heritage Financial Group, Inc. (NASDAQ: HBOS), the holding company for HeritageBank of the South, today announced that its management will attend the Sterne Agee 2012 Financial Institutions Investor Conference, which takes place in...

The cuts are taking place in Newcastle, Romford, and Scunthorpe - a move that, Ged Nichols, general secretary of Accord union, described as "devastating news for the employees who will be affected and the communities in which they live". "Newcastle,...

There are 990 role reductions from today's announcement. "All affected employees have been briefed by their line manager today. The group's recognised unions Accord, LTU, GMB and Unite were consulted prior to this announcement." More than 28,000 jobs...

"Newcastle, Romford and Scunthorpe are areas that cannot afford to lose the high quality jobs that will go as a result of today's announcement," said Nichols, whose Accord union represents the largest number – around 60% - of ex-HBOS employees. "Whilst...

Despite having so far made the jobs of over 30,000 UK-based staff redundant since Lloyds TSB and HBOS first merged, the Lloyds Banking Group remains wedded to its unethical policy of transferring work to India, where it can recruit workers on inferior...

Professor Andrew Bain is justified in doubting the ability of an independent Scotland to stand behind banks like RBS and HBOS (Letters, February 1). Looking at the efforts of the Bank of England, the Federal Reserve and the European Central Bank to...

Sir Victor was knighted in 1999 "for services to the financial industry" before he joined Lloyds, but critics argue his role in its disastrous takeover of HBOS four years ago means he should have the honour annulled. The bank required a ÂŁ21 billion...

His assessment was based on Scottish government figures and Holyrood's estimate of its modest share of the £66billion bailout of Royal Bank of Scotland and Bank of Scotland-owner HBOS via Lloyds. The claim was refuted by former chancellor Alistair...