18 September 2008 Archive

Jobs to go at HBOS as Lloyds TSB looks to £1bn savings

HBOS job losses predicted

The merger of Lloyds TSB and HBOS could result in thousands of job losses, it was warned today.

Brown takes broom to banks

Gordon Brown offers banking clear up

Gordon Brown is acting to clean up the UK financial system, he said today, after the government aided in the rescue of HBOS by Lloyds TSB.

Morgan Stanley and HSBC rumoured to be in talks

HSBC is rumoured to be one of the suitors for Wall Street bank Morgan Stanley

HSBC has been named as a potential suitor for Morgan Stanley as fears grow for the future of the Wall Street bank.

Darling: Lloyds TSB/HBOS deal 'absolutely necessary'

Lloyds TSB/HBOS deal necessary, says Darling

The deal for Lloyds TSB to save HBOS was "absolutely necessary", according to Alistair Darling.

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