hbos

As Paul Moore, the sacked whistleblower at HBOS, said of his own management: "They were not inclined to listen to a different view" .

"HBOS had been on the watch list for a very, very long time, " he said.

HBOS was adamant that it was a "strong bank" and still attracting deposits from customers.

HBOS and Lloyds TSB, two banks that are about to merge, need another £ 17 billion between them.

Mervyn King, the governor of the Bank of England, revealed how close Royal Bank of Scotland and HBOS came to collapse in October 2008.

HBOS, now part of Lloyds Banking Group (LBG), had what is probably the worst commercial-property portfolio of any British bank.

Only one of Britain's big banks, HBOS, made losses that would have overwhelmed the new Basel capital standards.

NORTHERN ROCK was rescued in September 2007, more than a year before the much-bigger Royal Bank of Scotland (RBS), Lloyds TSB and HBOS.

Only one of Britain's big banks, HBOS, made losses that would have overwhelmed the new Basel standards.

Dennis Stevenson, HBOS chairman, says Mr Kingman is unusual in that he is prepared to take risks.

One day later HBOS was rescued by Lloyds TSB, and a couple of weeks after that both firms were part-nationalised.

Investors regard the acquisition as a mistake, given the charges Lloyds has incurred on bad debt from HBOS's lending practices.

Much larger than expected losses at Halifax-Bank of Scotland or HBOS, which Lloyds recently acquired, sent jitters through the market.

After spending three months on suspension, the City banker arrived at HBOS offices determined to bring the dispute to a head.

A bank failure of the magnitude of HBOS would have been catastrophic .

'HBOS is one of the strongest financial institutions in the world, ' Mr. O'Riordain said.

Within 20 minutes of the market's opening in London yesterday, HBOS fell 3. 5%.

As fears grew for the future of HBOS, its shares had come under sustained pressure, losing almost half their value in the previous week.

In December alone, Sony, Toyota, Electrolux, HBOS, Kodak, RIM and Electronic Arts all cut their profits forecasts.

But a host of small, narrow banks blew up too, including Northern Rock, while a big retail bank, HBOS, failed in spectacular fashion.

Many HBOS executives who lost their jobs in the Lloyds takeover took a one-year salary entitlement and other benefits.

HBOS was pushed into the arms of Lloyds TSB to preserve the stability of the banking system.

Worries about how HBOS, a British bank, would roll over its wholesale obligations forced it into the arms of Lloyds TSB on September 17th.

Mr McCabe has also brought on board other investors including HBOS and Kaupthing, the Icelandic bank.

HBOS and Lloyds said that, once their merger goes through, HBOS's chairman and chief executive would both be leaving the group.

Two of the biggest shipping banks (RBS and HBOS) are in state-backed rehab.

As chairman of HBOS, Lord Stevenson was Britain's supreme networker.

Some of HBOS's lending decisions were too brave by far.

Clearly the directors of Lloyds TSB must take responsibility for their decision to acquire HBOS.

But Halifax, half of HBOS, needed retail expertise.

It need not have permitted, still less encouraged, Lloyds to take over HBOS in those circumstances.

Shares in Britain's biggest savings group, HBOS, initially dropped 35% before closing 22% down.

The merged bank's Achilles heel is the corporate-loan book of HBOS.

That could result in the government becoming the biggest shareholder, and even a majority investor, in Royal Bank of Scotland and HBOS.

Lloyds may sell its branches in Scotland, where HBOS has a big market share.

In addition, the government is considering easing the terms under which it took stakes in RBS, HBOS and Lloyds.

Part nationalized Lloyds Bank unveiled a $10B pounds loss for last year due to its acquisition of HBOS.

House prices fell by 1. 1% in November, according to the Halifax index compiled by HBOS, a bank.

Lloyds, whose merger with beleaguered rival HBOS was brokered by the UK government last year, could get off more lightly.

He replaces Sir Victor Blank, a leading proponent of Lloyds TSB's acquisition of HBOS last year, which many shareholders consider a mistake.

HBOS of the UK moved into the US last year, tapping a potentially huge market.