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HBOS rescue latest chapter in banking meltdown

News
| www.computerweekly.com
| 18/09/2008

...latest chapter in banking meltdown HBOS Consolidation in the financial services sector hit the UK today as Lloyds TSB agreed to acquire troubled bank HBOS. IT cuts are inevitable as the banks have significant overlapping businesses in retail... http://www.computerweekly.com/Articles/2008/09/18/232344/hbos-rescue-latest-chapter-in-banking-meltdown.htm

Combined HBOS and Lloyds TSB IT to take big hit

News
| www.computerweekly.com
| 04/11/2008

...office work in the retail banking division will bare the brunt of the cuts,an announcement by Lloydsreveals. Lloyds TSB agreed to takeover HBOS in a deal worth £12.2bn. It originally targeted £1bn savings through removing duplication in the... http://www.computerweekly.com/Articles/2008/11/04/233200/combined-hbos-and-lloyds-tsb-it-to-take-big-hit.htm

Bank nationalisation will stifle IT innovation

News analysis
| www.computerweekly.com
| 21/01/2009

...increase this figure. It now has a stock market value of less than £4bn, down from as much as £78bn in 2007. Lloyds TSB agreed to government-brokered takeover of troubled bank HBOS in a deal worth . It lost a third of its value last week amid... http://www.computerweekly.com/Articles/2009/01/21/234360/Bank-nationalisation-will-stifle-IT-innovation.htm

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