HBOS

Eerily coincidental though on a day when HBOS is back in the news and the Lloyds deal is starting to look dicey though.

Archive 2008-10-01 Not a sheep 2008

Those rumours "caused" a 7% drop in HBOS's shares on the day, today looks even more serious.

Archive 2008-09-01 Not a sheep 2008

I understand the FSA investigation on HBOS is still running.

Archive 2008-10-01 Not a sheep 2008

Late morning on Wednesday, as shares in HBOS dropped below 400p, Bank officials got on the blower to all chief banking and economics correspondents across UK newspapers and newswires.

Archive 2008-09-01 Not a sheep 2008

HBOS, which is merging with U.K. bank Lloyds TSB Group PLC, said it will call the $500 million bond on Feb. 9, instead of extending it for another five years.

HBOS Is to Compensate Buyers of a Hybrid Bond 2009

The sale will free up much-needed capital for HBOS, which is being taken over by Lloyds TSB, and reduce the U.K. bank's funding requirements during unprecedented volatility in global financial markets.

Australian Bank to Buy HBOS Arm 2008

The rise in Lloyds's loan-to-deposit ratio, a function of buying HBOS, which is the U. K.'s biggest mortgage lender, is a small price to pay for a deal that promises long-term benefits once the current U.K. housing slump is over.

Lloyds Shareholders and the Long View 2008

A&L has Tier 1 around 5.3% and HBOS, which is much larger, has core capital of around 5.7%, and both have secured some long-term debt funding recently.

RBS looking at big rights issue 2008

Worse, it could conceivably shake customers 'confidence in HBOS, which is already wrestling with a deteriorating market in both housing and commercial property.

HBOS and its underwriters 2008

He called the HBOS deal a "unique opportunity" when the takeover was announced last September - days after the collapse of US investment bank Lehman Brothers triggered a near-meltdown of the financial system.

The Independent - Frontpage RSS Feed 2009