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Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Wed 17 Sep, 2008 23.46
by Jamez
Nick Harvey wrote:On a slightly different note, I wonder what's going to happen in towns, mainly down this way, where there are both Cheltenham & Gloucester and Halifax branches? Similarly, I assume many Scottish towns will have both a Lloyds TSB branch and one for Bank of Scotland.

One can only assume that cost saving will have to lead to branch shedding.
Hehehe! I forgot you're only down the road in Devizes. Come over to Bath or Chippenham one day and I'll buy you lunch :)

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 00.41
by barcode
There will kept the Bank of scotland up here as there still have a head office and print alot of money.

I do have to say there could try to merge the branches but I think it may not be possible there no room to swing, and some que at branches are bad enough

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 01.00
by Pete
out of interest barcode, have you been working at the stockmarket recently? i think that would explain an awful lot

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 11.34
by barcode
why yes I did suggest to many people to Buy Hbos share but alas there never listen,

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 13.27
by Gavin Scott
barcode wrote:why yes I did suggest to many people to Buy Hbos share but alas there never listen,
Its entirely possible they couldn't make out what you were trying to say.

Hey ho.

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 13.31
by James H
Gavin Scott wrote:they couldn't make out
"there" shurely.

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 19.05
by Stuart*
Apparently the name of the merged bank will be "Lloyds TSB plc", according to the Daily Mail. Although they are keeping the Halifax brand, probably for mortgages, the same way Barclays kept the Woolwich name just for those services, but actually closed all their branches.

They also report that the Bank of Scotland name will disappear, although that conflicts with statements that they will continue to issue banknotes. I'm assuming they mean that BoS just isn't in the name of the holding company, but will exist as a subsidiary and therefore able to issue banknotes using that name. I don't imagine the Scottish Government would be too keen to see BoS banknotes replaced with Lloyds TSB ones.

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 19.08
by Nini
StuartPlymouth wrote:Apparently the name of the merged bank will be "Lloyds TSB plc", according to the Daily Mail.
A real source please?

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 19.39
by DVB Cornwall
Lloyds TSB Group plc with named trading subsidiaries.

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 22.35
by m-in-m
StuartPlymouth wrote:Apparently the name of the merged bank will be "Lloyds TSB plc", according to the Daily Mail. Although they are keeping the Halifax brand, probably for mortgages, the same way Barclays kept the Woolwich name just for those services, but actually closed all their branches.

They also report that the Bank of Scotland name will disappear, although that conflicts with statements that they will continue to issue banknotes. I'm assuming they mean that BoS just isn't in the name of the holding company, but will exist as a subsidiary and therefore able to issue banknotes using that name. I don't imagine the Scottish Government would be too keen to see BoS banknotes replaced with Lloyds TSB ones.
Would it even be legal for Lloyds TSB to print banknotes in their name? I'm sorry, I don't understand the rules of who is allowed to print banknotes and where they are then legal tender.

Re: Lloyds TSB/HBOS - what would you call the new bank?

Posted: Thu 18 Sep, 2008 22.58
by Pete
m_in_m wrote:and where they are then legal tender.
no scottish banknote is legal tender. in fact paper money isn't "legal tender" at all in scotland.