Abbey National Plc.

News & Analysis

abbey national plc. and bank of scotland - All News and Analysis

• Sunday Business, London, Richard Northedge Column.

  - 2002-10-20

  By Richard Northedge, Sunday Business, London Knight Ridder/Tribune Business News Oct. 20--They say everyone has a book inside them and the books have certainly been coming out these past few weeks. We have had more diaries, memoirs, kiss-and-tell revelations, autobiographies and ...

  Tags: Abbey National Plc., Bank of Scotland

• HSBC breaks banks' ranks

  - 2002-09-08

  A current-account price war will be declared this week when HSBC announces the first major shake-up of its personal banking range in five years. The bank is poised to cut borrowing costs for six million account holders when it launches a direct assault on its competitors Royal...

  Tags: Abbey National Plc., Bank of Scotland

• Overdraft rate cuts put bank at head of the queue; Interest rate

  - 2002-01-13

  One dissatisfied customer Alice Wotherspoon changed banks after she became disenchanted with Clydesdale Bank Photograph: Stewart Attwood NEW customers flocked to Bank of Scotland last week, boosting account openings by 65% in the five days after it slashed its overdraft rate and increased the interest it pays...

  Tags: Abbey National Plc., Bank of Scotland, Clydesdale

• UK lender prepping huge MBS program

  - 2002-01-11

  The U.K.'s largest originator of residential mortgages wants to kick off a massive securitization program sometime this year.London-based Halifax is expected in the near future to hire investment banks to structure a master-trust vehicle that it will use to fund the home loans that it writes. Sources say the entity's...

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• DEALING IN FUTURES AND THE PAST; Deal Of The Year: HBOS

  - 2001-12-23

  WHAT does it take to get two of the UK's leading banks to bury their differences and act as one? According to James Crosby - the Yorkshireman who spent most of this year steering Halifax through its pounds 28bn merger with Bank of Scotland and pointing the merged entity, HBOS,...

  Tags: Abbey National Plc., Bank of Scotland, HBOS Plc.

• Personal Finance: Foreign bank giants could be about to strike

  - 2001-07-14

  Banks are important to the stock market. Not only do they own a fair chunk of the stockbroking industry between them, but bank shares are the largest single constituent of the FTSE 100 index. And they are widely held by private investors. Aside from the fact that...

  Tags: Abbey National Plc., Bank of Scotland

• Abbey National hostile bid could scupper BoS deal

  - 2001-07-01

  ABBEY National is considering a bold plan to spoil the HBOS merger by launching a #15 billion-plus hostile takeover bid for Bank of Scotland. Speculation continues that Barclays could also be tempted to make a huge offer for BoS. Chief executive Ian Harley and his strategists at...

  Tags: Abbey National Plc., Bank of Scotland, HBOS Plc.

• Halifax/BoS `merger by September'

  - 2001-06-15

  HALIFAX AND Bank of Scotland expect to complete their merger on 10 September after the banks' shareholders vote on the deal on 24 and 25 July. Analysts said the votes may come after Patricia Hewitt, the Secretary of State for Trade and Industry, delivers her verdict on whether Lloyds TSB...

  Tags: Abbey National Plc., Bank of Scotland

• Bank of Scotland.

  - 2001-05-21

  The Times Bank of Scotland BoS shareholders are believed to be pressing the bank to delay its merger with Halifax until the outcome of the Competition Commission inquiry into the proposed takeover of Abbey National by Lloyds TSB is known. One...

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• Evening Standard, London, Angus McCrone Column.

  - 2001-05-02

  By Angus McCrone, Evening Standard, London Knight Ridder/Tribune Business News May 2--It is enough to make an investor's head spin. Bank of Scotland and Halifax hold merger talks, Lloyds TSB may or may not be allowed to buy Abbey National, Barclays may bid for...

  Tags: Abbey National Plc., Alliance & Leicester Plc., Bank of Scotland, Barclays Plc.