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Finance Markets (Free subscription) | 8 hours ago
We’ve seen Northern Rock and Bradford & Bingley collapse, the Cheshire and Derbyshire Building Societies rescued, and even Halifax Bank of Scotland required a bail-out from Lloyds TSB. Turmoil in the world’s markets mean that credit around the globe has literally frozen up, and banks face the very real possibility of a systemic meltdown of [...]
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The Irish Times (Free subscription) | yesterday
TWO FOREIGN-OWNED Irish banks have been requested to forward detailed submissions to the Department of Finance progressing their applications to join the Government's guarantee scheme in advance of the plan coming before Cabinet tomorrow for approval. Ulster Bank Group and Halifax-Bank of Scotland (Ireland), both owned by UK banks, have been asked to provide comprehensive submissions to the...
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Daily Mail News (Free subscription) | 9 hours ago
... rescue package amid dire warnings Britain is already in recession.Royal Bank of Scotland, Halifax Bank of Scotland and Lloyds TSB told the Chancellor he cannot afford to dither at a private meeting with other finance chiefs last night. As executives were due to meet again today to step up the pressure on Mr Darling, the banks' share prices plunged dramatically at the start of another tumultuous...
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Metro.co.uk (Free subscription) | 10 hours ago
... could take big stakes in banks - effectively part-nationalisation - to strengthen their finances. Halifax Bank of Scotland and Royal Bank of Scotland both slumped 20%, while Barclays lost 15%. The London market was also hit hard by hefty falls from heavily-weighted mining stocks after experts warned that the sector's earnings could almost halve this year. Hargreaves Lansdown's head of equity...
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Metro.co.uk (Free subscription) | 11 hours ago
... could take big stakes in banks - effectively part-nationalisation - to strengthen their finances. Halifax Bank of Scotland and Royal Bank of Scotland both slumped 20%, while Barclays lost 15%. The London market was also hit hard by hefty falls from heavily-weighted mining stocks after experts warned that the sector's earnings could almost halve this year. Hargreaves Lansdown's head of equity...
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The Irish Times (Free subscription) | 17 hours ago
... the Irish scheme and that their applications would be treated "sympathetically". Ulster Bank and Halifax-Bank of Scotland (Ireland) have supplied detailed applications.Postbank, the Irish savings bank which is owned by An Post and Belgian-Dutch group Fortis; Dutch-owned ACC Bank, and Belgian-owned IIB Bank have also applied to join the Irish guarantee.A spokesman for the department said...
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Channel 4 (Free subscription) | yesterday
... was recently partially nationalised, was deemed to be the least secure institution, followed by Halifax Bank of Scotland which is being taken over by Lloyds TSB.YouGov questioned 1,416 savers between October 1 and 3.These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same. Share this article
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Lightwater (Free subscription) | yesterday
One side effect of the current financial crisis is that an independent Scotland is looking less likely. No time to be a small nation in these troubled times, viz, Iceland, Belgium and Ireland. Remember that one of the main reasons for the Union with England in 1703 was that the Scottish economy was bust. Halifax Bank of [...]
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Daily Star (Free subscription) | yesterday
... aid.Analysts said the impact of the latest crisis crossed all sectors amid fears of slowing demand.Halifax Bank of Scotland - soon to merge with Lloyds TSB - plunged 15% in the sell-off, while Royal Bank of Scotland suffered a 10% drop.The market was also hit hard by hefty falls from heavily-weighted mining stocks after experts warned that the sector's earnings could almost halve this year.Declines...
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The Earth Times Online Newspaper (Free subscription) | yesterday
... index was down 225.70 points at 4,754.55 within an hour of opening. Shares in mortgage lender Halifax Bank of Scotland (HBOS) plunged by 15 per cent, reflecting ongoing unease about the takeover deal sealed with Lloyds TSB 10 days ago. The Royal Bank of Scotland (RBS) also appeared vulnerable, with its share price down by 10 per cent. Copyright, respective author or news agencyArticle :...
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Liverpool Echo.co.uk (Free subscription) | yesterday
... aid.Analysts said the impact of the latest crisis crossed all sectors amid fears of slowing demand.Halifax Bank of Scotland - soon to merge with Lloyds TSB - plunged 15% in the sell-off, while Royal Bank of Scotland suffered a 10% drop.The market was also hit hard by hefty falls from heavily-weighted mining stocks after experts warned that the sector's earnings could almost halve this year.Declines...
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The Earth Times Online Newspaper (Free subscription) | yesterday
... none of the 100 stocks gaining any ground. Banks were among the hardest hit, with mortgage lender Halifax Bank of Scotland (HBOS) down 15.8 per cent, reflecting ongoing unease about the takeover deal sealed with Lloyds TSB 10 days ago. The Paris Bourse's blue-chip CAC 40 was down 5.5 per cent, at 3,858, with all 40 listed stocks losing ground. The recently rescued French-Belgian financial...
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Scotsman.com (Free subscription) | yesterday
HBOS and RBS were among the FTSE 100 companies heaviest hit as the Index tumbled more than 200 points today after a weekend of financial turmoil in Europe.
