Thursday, Sep 18, 2008
Create a larger Bank and create a greater funding requirement
Citywire: Concerns grow about funding for Lloyds/HBOS group
Shares in Lloyds TSB fell in morning deals as analysts fret about the risks inherent in the merger with HBOS. Market watchers fear the deal may take much longer to push through than hoped - distracting the management team from the key business of navigating the current market turmoil.Numis analysts said the bid does not solve the problem of structural weakness in the UK economy and what they think is likely to be a severe recession for eighteen months. 'The deal just creates a larger group with an even greater funding requirement,' they said.
Posted by jack c @ 11:10 AM (179 views) Add Comment
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. iguana said...
What they need is a snappy new name, Lloyds TSB Halifax Bank of Scotland is a bit cumbersome.
Suitable anagrams are: Bloodstain Backlash Fold Fast Lynx
and: Backhand Sandblast Still Fool Foxy.