|
Lloyds TSB set to spin off chunk of pounds 1.5bn Abbey Life
The Independent - London; 9/21/1996; Jill Treanor Banking Correspondent; 569 words
; Lloyds TSB Group yesterday announced a long-awaited pounds 1.5bn deal to buy the remainder of Lloyds Abbey Life, its insurance arm. But City sources suggested Lloyds is poised to spin off a large part of the company in an pounds 800m trade sale. There ...
Read more
|
|
Lloyds TSB takes battle to Abbey investors
The Independent - London; 12/14/2000; Andrew Garfield Financial Editor; 532 words
; LLOYDS TSB decided last night to appeal directly to Abbey National ... the last Abbey branch in town and a seasonal reference to Lloyds' record of charitable giving. Soundings by Lloyd's brokers ... understood to have uncovered considerable doubts among Lloyds shareholders about the risk of a ...
Read more
|
|
Lloyds to merge insurers
The Independent - London; 9/1/1996; Richard Halstead; 516 words
; Lloyds TSB is planning to merge the TSB's insurance business with Lloyds Abbey Life, its majority-owned subsidiary, as part of its continuing rationalisation programme. Under the proposal, Lloyds TSB would sell the TSB insurance business to Lloyds Abbey ...
Read more
|
|
Lloyds TSB plans European mega-deal to follow Abbey
The Independent - London; 2/17/2001; Chris Hughes; 533 words
; LLOYDS TSB, the UK's third largest bank, underscored its long- standing ambition to break ... prelude to a megamerger with a Continental bank. The City was unimpressed, marking Lloyds shares 4 per cent lower after the group posted mixed annual results. While Lloyds has previously said that buying Abbey would ...
Read more
|
|
Profits rise/Macarthy success prompts new Lloyds bid. (Lloyds Chemists PLC to acquire Aryshire Pharmaceuticals)
Cosmetics International; 5/25/1992; 744 words
; The Lloyds Chemists company is riding high with the ... for Scotland's Ayrshire Pharmaceuticals. Lloyds is the UK's second largest retail pharmacy ... million. The results announcement followed Lloyds |pounds~96 million bid for Macarthy which ...
Read more
|
|
Scuffle at the altar. (bid for Midland Bank by Lloyds Bank)
The Economist (US); 5/2/1992; 787 words
; ON APRIL 28th Lloyds Bank Britain's most profitable clearer ... battle for a big British bank, pitting Lloyds against HSBC Holdings, parent of Hongkong ... a duel between two notions of banking. Lloyds wants to wring quick profits from a consolidation ...
Read more
|
|
THE BETRAYAL; PERSONAL FINANCE Lloyds TSB is about to break a key promise by closing a dozen branches. The bank - profit [pounds sterling]1.8 BILLION so far this year - can't afford to keep them open. And what of that pledge? 'We meant it at the time,' they said.
The Mail on Sunday (London, England); 9/3/2006; 777 words
; Byline: STEPHEN WOMACK Lloyds TSB has reneged on its promise not to ... Cornwall to South Wales and Cheshire. Lloyds started telling customers at the affected ... Lindsay, a regional managing director for Lloyds TSB, says: 'It is regrettable that these ...
Read more
|
|
Lloyds meets in emergency session as Abbey rejects pounds 19bn approach
The Independent - London; 12/8/2000; Andrew Garfield; 542 words
; THE BOARD of Lloyds TSB last night met in emergency session ... offer of talks, leaves Peter Ellwood, the Lloyds chief executive, with little choice but ... well-placed sources said last night that Lloyds would prefer to hold fire. A holding statement ...
Read more
|
|
Lloyds TSB chief gets go-ahead for Abbey bid
The Independent - London; 12/5/2000; Andrew Garfield Financial Editor; 432 words
; ... Abbey, but the bulk of that would have to be in Lloyds shares. Having paid out pounds 5.8bn to buy Scottish ... the life insurance group earlier this year, Lloyds would be hard pressed to pay more than pounds ... cash. Given the Government's hostility to banks, Lloyds would also face substantial risk of a ...
Read more
|
|
Lloyds TSB will find Abbey route blocked.
The Birmingham Post (England); 7/10/2001; 585 words
; Byline: John Duckers Business Editor Lloyds TSB's pounds 19 billion bid for mortgage ... current accounts. Abbey has rejected the Lloyds bid. If the merger is cleared conditionally, it is likely that Lloyds would have to pay too high a price to ...
Read more
|