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HBOS & Investment News is an EIN News Service for global investing professionals. Constantly updated news and information about global investing.
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  • UK risks spiral into debt crisis 2 Dec 2009 00:52 GMT
    ... A team of highly-rated analysts in the City has ... of gross domestic product - national output. Investors have been worried for some time that ... a shot-gun marriage between Lloyds and troubled Halifax Bank of Scotland. The UK failed to ...

  • Lloyds scraps HBOS Life for UK Widows 2 Dec 2009 04:31 GMT
    ... Lloyds Banking Group has withdrawn HBOS's highly-successful Guaranteed Investment Plan, which was distributed under the St Andrew's Life brand. The Guaranteed Investment Plan ...

  • UK Market Review - November 2009 2 Dec 2009 04:31 GMT
    ... 119 products on offer to the UK investor. Sixty-four products struck in November, raising £675m, ... Group took the decision to cease issuing HBOS' highly-successful Guaranteed Investment Plan, which was distributed under the St ...

  • Oil chief quits over 'greedy' banks 2 Dec 2009 00:31 GMT
    ... In a terse announcement, AIM-listed Sovereign told investors that Burgess and finance director Julie Cowie ... consortium that includes Merrill Lynch and the HBOS business acquired by Lloyds Banking Group in January. ...

  • UK Treasury take control of RBS bonus pool-paper 2 Dec 2009 04:20 GMT
    ... this year's bonus payouts with UK Financial Investments (UKFI), which manages the government's 70 percent ... of Scotland ( ) and mortgage lender HBOS at the height of the global financial crisis last ...

  • Treasury take hold of RBS bonus pool 2 Dec 2009 05:11 GMT
    ... this year's bonus payouts with UK Financial Investments (UKFI), which manages the government's 70 percent ... of Scotland ( ) and mortgage lender HBOS at the height of the global financial crisis last ...

  • December 1 1 Dec 2009 13:05 GMT
    ... formerly the chief executive of failed bank HBOS, previously an Asda man, and now with Alliance ... lavished, sadly, on making sure that its investments were balanced and that risk was being ... of HBOS. Lloyds Action Now says that investors saw up to 85 per cent of ...

  • Economic power-brokers on Aylesbury's future 1 Dec 2009 22:48 GMT
    ... the wake of the huge redundancies at HBOS. What are the authorities doing to mitigate against ... Taskforce, said: "In addition to seeking inward investment to help create jobs, we support the ...

  • BOE Aid Seen as Life Support for Lloyds 1 Dec 2009 21:48 GMT
    ... woes stem from buying troubled mortgage lender HBOS last year. BOE Gov. Meryvn King has revealed ... Waples writes. “The way Lloyds has treated investors is little short of contemptuous.” Concern about ...

  • Capital adequacy is a mutual headache for UK's building societies 1 Dec 2009 22:01 GMT
    ... used by the Government to prop up HBOS while it merged with Lloyds TSB. As with ... illiquid and was only taken up by investors because the alternative was complete wipe-out. I ... company's biggest shareholder, Piedmont, which is an investment vehicle of Joe Lewis. In the ascendancy ...

  • Council's £1m holiday park stake 1 Dec 2009 17:33 GMT
    ... recently given £10m by Finance Wales and HBOS to complete its second phase. Pembrokeshire council leader John ... restructure financially to facilitate the additional £10m investment. He added: "There are no changes in ...

  • Lloyds puts four Bank of Scotland branches in Capital up for sale 1 Dec 2009 04:30 GMT
    ... branches were closed to coincide with major investment in a nearby branch. All customers were ... which dates back to 1806. Bosses at HBOS announced the surprise move when they unveiled plans ...

  • Tuesday's Letters: Banks are justified in punishing profligacy 1 Dec 2009 06:36 GMT
    ... the loans totalling £61.6bn to RBS and HBOS. The Bank of England explanation as to why ... have collapsed, leading to dire consequences for investors and savers, but more importantly, for customers ...

  • DETAILS, S Mr SALMOND 1 Dec 2009 09:16 GMT
    ... failed to make an impact. Despite huge investment in government time and money, town hall ... doesn't mention the near-collapse of RBS or HBOS, rescued last year by Westminster - thought it ...

  • Alex Salmond's rallying call for an independent Scotland falls flat on St Andrew's Day 1 Dec 2009 09:24 GMT
    ... failed to make an impact. Despite huge investment in government time and money, town hall ... doesn't mention the near-collapse of RBS or HBOS, rescued last year by Westminster - thought it ...


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