QUOTE AND NEWS
guardian.co.uk  Nov 29  Comment 
Cameron should forget the deficit for now – concentrating on economic growth is the only way out Don't the younger generation take things for granted? Don't those of us who are no longer young take things for granted? I'm thinking in particular...
morph366  Nov 28  Comment 
There were two developments last week in the financial world, seemingly unrelated, that should give one pause to contemplate just how much we all really know about the true state of the severity of the rolling financial crisis. Firstly, the...
guardian.co.uk  Nov 26  Comment 
Brian Hitchen, in his 70s "The problem is the credibility of the board. You are asking us to have faith in you when you have made an appalling decision to buy HBOS, which you have not adequately explained." Peter Hepworth, from...
guardian.co.uk  Nov 26  Comment 
Bitter Lloyds shareholders accuse Daniels of disguising extent of HBOS problems Lloyds Banking Group shareholders today backed a £13.5bn fundraising despite telling the bank's board they were bitter and angry at having to shore up the bank's...
The Australian  Nov 26  Comment 
LLOYDS has been accused of misleading shareholders.
Wall Street Journal  Nov 26  Comment 
Alistair Darling said any disclosure of the secret loans to RBS and HBOS at the time would have "seriously" jeopardized financial stability and "the risk to public resources was low."
Financial Times  Nov 25  Comment 
Alistair Darling was forced to defend the £62bn in secret loans given to HBOS and RBS last year as parliamentary critics of the deal attacked the revelation
BBC News  Nov 25  Comment 
Chancellor Alistair Darling defends the Bank of England's secret loans to RBS and HBOS in an emergency Commons statement.
guardian.co.uk  Nov 25  Comment 
• Chancellor said covert loans avoided widespread panic • Accusations that Lloyds shareholders were misled Alistair Darling and the City watchdog today defended the decision to keep secret the £61.6bn of emergency loans handed to the Royal...
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.
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HBOS 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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