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BBC News
5 hrs ago
Comment
Chancellor Alistair Darling defends the Bank of England's secret loans to RBS and HBOS in an emergency Commons statement.
guardian.co.uk
8 hrs ago
Comment
• Chancellor said covert loans avoided widespread panic
• Accusations that Lloyds shareholders were misled
Alistair Darling today defended the decision to keep secret the £61.6bn of emergency loans handed to the Royal Bank of Scotland and...
Bloomberg
Nov 24
Comment
(Update1) The Bank of England said it provided
62 billion pounds ($102 billion) of taxpayer-backed emergency
financing to Royal Bank of Scotland Group Plc and HBOS Plc at
the height of the financial crisis last October.
guardian.co.uk
Nov 24
Comment
Mervyn King tells Treasury select committee of emergency loans issued at the height of the financial crisis
Royal Bank of Scotland and HBOS were secretly handed a £62bn lifeline by the government to prevent them from collapsing last October,...
Financial Times
Nov 23
Comment
The partly state-owned bank will launch the UK’s largest rights issue to raise £13.5bn, offering investors new shares at 36p each, a huge discount, ahead of a shareholder vote
guardian.co.uk
Nov 22
Comment
Despite growing optimism that the downturn is over, there are concerns that £100bn of property bank loans requiring refinancing within three years could trigger another crisis
The new property vehicle of Sir Stuart Lipton and Elliott Bernerd...
guardian.co.uk
Nov 16
Comment
Bank to appeal against decision that HBOS Treasury Services planned tax avoidance scheme
Lloyds Banking Group, which is 43% state-owned, has failed in its latest attempt to avoid a £54m tax bill.
In April, Britain's first-tier tax tribunal...
Financial Times
Nov 15
Comment
The toxic legacy that Lloyds Banking Group inherited from HBOS is likely to resurface with a restructuring of Admiral Taverns, the pub group in which the partly nationalised bank has a £855m exposure
BBC News
Nov 14
Comment
Halifax and Bank of Scotland customers are hit by a power failure affecting all branches and online banking.
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more ▼WIKI ANALYSIS
WIKI ANALYSISHBOS plc is a United-Kingdom based company. It is the holding company of the HBOS Group. It operates through five divisions: Retail, Corporate, Insurance & Investment, International and Treasury & Asset Management. The Company’s Retail range of products includes personal and business banking products and services to 23 million customers. In October 2008, Commonwealth Bank of Australia announced that it has acquired the Bank of Western Australia Limited (BankWest) and St Andrew’s Australia Pty Ltd (St Andrew’s) through the execution of a sale and purchase agreement with United Kingdom-based HBOS plc.
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