Monday, January 12, 2009
What a surprise!
Lloyds HBOS merger gets go-ahead
The merger of banks Lloyds TSB and HBOS has been granted the final legal approval by a court in Edinburgh. Following the decision by the Court of Session, the new Lloyds Banking Group is due to start trading from next week. The announcement came after it was revealed that the Treasury is to own 43.4% of the merged bank after few shareholders bought new shares.
Posted by flintster1994 @ 05:18 PM (998 views)
8 thoughts on “What a surprise!”
Add a comment
- 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
paul says:
Whither the UK’s the competition laws?
As we’ve seen over the last few months, there are quite a few laws in place which can be quickly roughshod ridden when its convenient for the government – you know, fundamental laws like the Freedom of Information and Anti-Competition.
paul says:
Of course, by virtue of this merger, Brown’s ‘punish the prudent’ strategy has gone corporate.
If I was a senior figure at Nationwide, or any other building society mutual, I’d consider lobbying European Parliament to intervene.
Tyke says:
Now wait for the heavy job losses in West Yorkshire rather than at Bank of Scotland HQ so that Brown the Clown, Badger and co. will save their seats on the gravy train at Westminster.
crunchy says:
2. paul said……..”Of course, by virtue of this merger, Brown’s ‘punish the prudent’ strategy has gone corporate.”
THAT’S THE WHOLE IDEA! paul said… “I’d consider lobbying European Parliament to intervene” LOL. that’s not Land O L.
paul says:
Crunchy – the European Parliament is one of the few defenders of our freedom.
Do you know why it is illegal for the UK police to retain DNA samples from innocent members of the public?
Think about it.
crunchy says:
paul, I am not laughing at you, on the contary, but at your idealism.
It never seems to wane.
crunchy says:
Uncanny, 6 seconds after you paul. DNA? A small hurdle, as with all the others, it’s only time.
crunchy says:
That reminds me to take my annual blood test!