HBOS

Shares in HBOS are soaring in early trading on Thursday on the back of its confirmed £12.2bn takeover by Lloyds TSB.

Lloyds TSB plans to extend its wealth management products and services by leveraging off its own and HBOS's long term savings product suites.

Lloyds TSB has revealed the details of its £12.2bn takeover of Britain's largest mortgage and savings bank HBOS.

Gordon Brown has played a pivotal role in Lloyds TSB's approach to buy HBOS, according to reports.

Lloyds TSB is in advanced merger talks with HBOS to create a UK retail banking giant, the BBC reports this morning.

The FSA has moved to reassure HBOS investors on the financial resilience of the UK's largest mortgage and savings organisation.

HBOS's specialist mortgage arm, The Mortgage Business (TMB), is to close it was announced today.

The FSA has warned it will come down hard on individuals or firms trying to benefit from false or misleading market rumours.

JPMorgan, the US banking giant that rescued Bear Stearns earlier this year, has held talks with several interested parties about forming a consortium to break up HBOS, the UK's biggest mortgage lender which includes the Halifax brand, The Telegraph ...

Underwriters are stuck with almost £2.6bn of HBOS stock after failing to offload the remaining shares in the lender's £4bn rights issue.