Q: You answered a reader’s letter (Questions of Cash, 11 May) on a fraud committed at an HBOS ATM, where a “skimming device” was fitted to the front of the machine. The victim was obviously unaware of this, but apparently a subsequent customer was as they reported it to the branch when it reopened after the weekend. I have no idea what to look for and many other readers will be similarly uninformed. Please enlighten us! IM, by email.
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Wednesday 11 February 2009
Outlook Only MPs on the Commons Treasury Committee could make the quartet of bankers who appeared before them yesterday look like models of reasonable, intelligent and considered thinking. As public floggings go, it was all fair enough I guess, but the MPs failed to land a killer punch, and as Sir Fred Goodwin, former chief executive of Royal Bank of Scotland, said towards the end of the hearing: "You can blame it on me and close the book, but it doesn't come close to explaining what happened."
Wednesday 11 February 2009
Tuesday 10 February 2009
Saturday 07 February 2009
Sunday 01 February 2009
Investors are calling for Lloyds Banking Group to bring forward its financial results amid growing disquiet that Andy Hornby is still drawing £60,000 a month as a consultant four months after the emergency takeover of HBOS.
Monday 26 January 2009
HBOS's takeover by Lloyds TSB has released more than £1m of shares for the top two executives at a property fund spun off from HBOS at the top of the market.
Monday 19 January 2009
Lloyds Banking Group said today that it expected annual cost savings of at least £1.5 billion by the end of 2011 after its acquisition of HBOS was completed.
Monday 12 January 2009
Taxpayers are set to own almost half of the "super-bank" created from Lloyds TSB's rescue takeover of HBOS, the two banks confirmed today.
Sunday 11 January 2009
Saturday 10 January 2009
HBOS led a banking sector rally yesterday after Exane BNP Paribas said that, contrary to the bearish views held by some, the lender's impending combination with Lloyds TSB may provide a healthy upside for investors.
Thursday 01 January 2009
Friday 19 December 2008
If the Government is prepared to rescue Royal Bank of Scotland and Lloyds HBOS, why should it not also help Jaguar and Land Rover?
Wednesday 17 December 2008
The Scottish entrepreneur Sir Tom Hunter could face his second write-off of a major investment in recent months, as he gears up to complete a debt-for-equity swap deal with HBOS to safeguard the future of the struggling Wyevale Garden Centre.
Monday 15 December 2008
The FTSE 100 was up 32.17 points at 4312.52 while the FTSE 250 climbed to 6233.08, up 60.1 points, at 11.49am.
Saturday 13 December 2008
Outlook: No wonder Halifax Bank of Scotland has decided not to pass on all of last week's 100 basis-point cut in interest rates. Both margins and balance sheet are continuing to deteriorate at a rate of knots, evidently to the complete surprise of the management, who less than two months ago gave the impression that the worst is now known.
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