Is Halifax HBOS going bust

dunstonh

Comfortably_Numb wrote: »

If Lloyds take over HBOS, I presume that means the £35000 limit is spread across all banks within both groups, which would probably affect a lot of people who have spread their money about.

It would merge the protection although its Lloyds so not something to worry about.

I wonder who HSBC have got their eyes on to pick up cheap?

A_fiend_for_life

Comfortably_Numb wrote: »

If Lloyds take over HBOS, I presume that means the £35000 limit is spread across all banks within both groups, which would probably affect a lot of people who have spread their money about.

HBOS have four operations that share a banking licence so only £35k is 'protected'. Not sure how Lloyds TSB run their licences but I would have thought it would put off at least the informed investors. You'd think these are the folk they want to keep.

StevieJ

dunstonh wrote: »

It would merge the protection although its Lloyds so not something to worry about.

I wonder who HSBC have got their eyes on to pick up cheap?

Or Standard Chartered, the stress this market is under I can see it bouncing like it is attached to an elastic band if something takes the pressure off.

esbo

purch wrote: »

At least this will finally kill off the 'Hbos dhares' thread :j :j

Ah but there will be a new thread about the mergered banks which depending on the
name will be:-

ASBO dhares (Anglo-Scottish Banking Organisation)
or
BOLLOX dhares (Bank Of Llyods and halifaX of Scotland)

Which is going to be exciting

penrhyn

No more of those awful singing adverts.................We are saving, we are saving!:rotfl:
Sorry Howard

.........and just in case you haven't wallowed in its tackiness http://uk.youtube.com/watch?v=mos77FdTy24&NR=1

Oblivion

penrhyn wrote: »

No more of those awful singing adverts.................We are saving, we are saving!:rotfl:
Sorry Howard

.........and just in case you haven't wallowed in its tackiness http://uk.youtube.com/watch?v=mos77FdTy24&NR=1

Yuk. Cringe-making wasn't it :eek:

Dave.

Leithie

The guy on newsnight last night said it would be called lloydshalifax. No mention of that today.

He also said the headquarters would be in England, however in todays report it says they will continue to use the Scottish headquarters.

I remember recently when HBOS were making "cuts" Howard was one of them.

dunstonh

penrhyn wrote: »

No more of those awful singing adverts.................We are saving, we are saving!:rotfl:
Sorry Howard

.........and just in case you haven't wallowed in its tackiness http://uk.youtube.com/watch?v=mos77FdTy24&NR=1

Or we could be in for something far worse. Howard singing the adverts in the current Lloyds style. :eek:

A_fiend_for_life

You get a little extra scalp with the Halifax.

maccy141068

dunstonh wrote: »

ahem, i refer you to post #9 where I said this would happen

er i have debt with halifax which i am paying off thru payplan earning 330 per month less in construction due to economic slowdown,but i have bank account ' lloyds can halifax now take money from my account.