HBOS in merger talks with Lloyds
Lloyds TSB is apparently in advanced merger talks with HBOS to create a UK retail banking giant worth £30bn.
A deal would end uncertainty about the strength of Halifax-Bank of Scotland after a run on its shares.
The government has said it will over-rule any concerns that competition authorities may raise.
It is understood that the new company won't be called LTSBHBOS as that would be silly and unfair to dyslexics, said a ST.HOBBLS spokesman.
A deal would end uncertainty about the strength of Halifax-Bank of Scotland after a run on its shares.
The government has said it will over-rule any concerns that competition authorities may raise.
It is understood that the new company won't be called LTSBHBOS as that would be silly and unfair to dyslexics, said a ST.HOBBLS spokesman.