Moody's May Downgrade LLoyds TSB and HBOS
The merger between Lloyds TSB and HBOS, forms the UK's largest single financial services group with assests of more than a trillion pounds at June 2008.
Despite that however, Moody's hvae indicated that it will place it's ratings on both on review for a possible downgrade.
The merger of the two poses significant integration risks, says Moody's, and that there are still some difficult challenges ahead for the group.
Despite that however, Moody's hvae indicated that it will place it's ratings on both on review for a possible downgrade.
The merger of the two poses significant integration risks, says Moody's, and that there are still some difficult challenges ahead for the group.
