While many HBOS employees face redundancy following the Lloyds TSB rescue, the singing ‘star’ is clearly flush after years of annoying us. Mole’s off to the karaoke bar.
Lloyds TSB, which is sponsoring the London Olympics to the tune of £80m, is poised to take over HBOS, the UK’s largest mortgage lender, for £12.2bn.
The Derbyshire and The Cheshire building societies are to merge with Nationwide by the end of the year as part of a dual rescue package that will see Nationwide enter 2009 with around 1,000 branches, assets totalling more than £191bn and £122bn worth of retail deposits.
Banco Santander’s take-over of Alliance & Leicester could lead to the merging of Trigold and Mortgage Brain, it has emerged.
Banco Santander has revealed it will pay £612m to buy up Bradford & Bingley’s deposits and branch network.
Health cash plan provider Health Shield is hitting the road during March on its annual area meetings tour of the UK.
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