HBOS was a banking and insurance company in the UK, formed by the merger of Halifax and Bank of Scotland in 2001. It was taken over by Lloyds TSB in 2009 and became a subsidiary of Lloyds Banking Group. It was the UK's largest mortgage lender and a fifth force in British banking. Learn more about its history, products and takeover from Wikipedia.
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Halifax is a UK-based bank that offers simple and secure ways to support you through life's ups and downs. Whether you need a mortgage, a current account, a loan, a savings account or an investment plan, you can find it at Halifax.
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Bank of Scotland offers a range of products and services for personal customers, including ready-made investments, mortgages, credit cards, loans and more. Find out how to manage your money, save money, get support and stay safe online or in branch.
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Formation of HBOS. In 2001, a wave of consolidation in the UK banking market led Halifax to agree a £10.8 billion merger with the Bank of Scotland. The new group was named Halifax Bank of Scotland (HBOS) with headquarters in Edinburgh, and retained both Halifax and the Bank of Scotland as brand names. Halifax branches in the rest of the UK use ...
A report by two regulatory bodies reveals the reasons behind the collapse of HBOS, the result of a merger between the Halifax Building Society and The Bank of Scotland. The report blames the bank's failure on the market's reaction to the Lehman Brothers crisis, reckless lending policies and the mismanagement of its board and senior executives.
How HBO’s The Gilded Age reflects wider tensions within. 19th-century. New York and American society. Published: November 29, 2023 7:40am EST.