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sky = hbos - lloyds deal done!

24567

Comments

  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I was with lloyds years ago in the 1980s and they were crap. Moved to Halifax in 1994 and they were OK until they become HBOS in 2001.
  • Hope this works?

    1030158_300x300.jpg
  • dopester
    dopester Posts: 4,890 Forumite
    What value has the name HBOS got anyway?

    Halifax and Bank of Scotland became HBOS Group. Big deal.

    Lloyds TSB seems to have a much higher profile, and one which doesn't to me, at this moment in time, seem to have any value in amalgamating it with HBOS.

    Just take it over and keep the Halifax brand within the organisation, and maybe Bank of Scotland too. Although RBS rebranded much of ABN AMRO stuff to RBS, so how much value in a name - even one steeped in history?

    LOL trev - EXCELLENT !!!!!!!!!!!!!!! :rotfl: :T

    10/10
  • And to think that there was a time when Halifax's James Crosby and Bank of Scotland were arguing about whether the HQ of this world beating new institution should be in Yorkshire or Edinburgh.

    (The HBOS name was another result of the stubborness on both sides.)

    Nationwide BS has just closed half its mortgage processing centres, so I expect fear will be stalking the HBOS employees.

    As a long term Lloyds customer I used to be rather smug about the quicker service - but perhaps we'll get swamped when the branch closures get underway :(.

    Silly, irrelevant question.

    Is the new combined institution actually better capitalised, or just bigger?
  • Guy_Montag
    Guy_Montag Posts: 2,291 Forumite
    1,000 Posts Combo Breaker
    Funnily enough my family have been with BoS all my life - until the merger with Halifax - then customer care went seriously downhill. After that we all moved accounts.
    "Mrs. Pench, you've won the car contest, would you like a triumph spitfire or 3000 in cash?" He smiled.
    Mrs. Pench took the money. "What will you do with it all? Not that it's any of my business," he giggled.
    "I think I'll become an alcoholic," said Betty.
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    Halifax is a strong brand in the UK for mortgages I reckon, possibly for savings too.

    BoS - no idea of their rep north of the border. Scots had a good reputation for fiscal prudence until recently. No idea what changed.

    Lloyds TSB - big brand name in current accounts. I guess people would trust the brand for financial services in general.

    Cheltenham and Gloucester - Dead in the water

    Clerical Medical - Maybe ditto???

    St James's Place PLC - No idea.
  • Dan: wrote: »
    so god knows what it will be like now the likes of LloydsTSB are involved.

    I used to bank with TSB many moons ago, but after receiving really bad advice from them as an 18 year old :mad: I closed my account and went with Halifax where I've never had any problems at all.

    TSB were a Toytown bank and nothing will make me give them my custom.

    Guess it's time to look for another Bank - although I don't relish the thought of sorting out my wages and direct debits. :(
  • Dan:_4
    Dan:_4 Posts: 3,795 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The Beeb are reporting it now

    http://news.bbc.co.uk/1/hi/business/7622180.stm

    at a price of 232p for HBOS share
  • The horse with Howard on is so funny Best post I have ever seen....
    Payment a Day : Creation £1416.05 Cleared June 2017
    Capital One : £2169.37 Cleared May 2018
    M & S : £3207.29 Cleared May 2018
    First direct £4900.00 Cleared July 2018
    Next £2206 Cleared September 2018
    Capital One Platium £2800.00 Cleared November 2018
  • dopester
    dopester Posts: 4,890 Forumite
    redkelly wrote: »
    The horse with Howard on is so funny Best post I have ever seen....

    Yeah. I hope the press pick up on it and arrange to publish it. Could cheer the City and traders up for a day and stop meltdown. It is top-notch.
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