Bank Of Scotland And Halifax. Halifax-Bank of Scotland (HBOS) + Join Group. Halifax (previously known as Halifax Building Society) is a British banking brand operating as a trading division of Bank of Scotland, itself a wholly owned subsidiary of Lloyds Banking Group.
For Halifax, a merger with Bank of Scotland would allow its chief executive, James Crosby, to diversify further away from mortgages, which have been a drag on profits, and tap into Bank of Scotland's lucrative small- and medium-size banking enterprise.
Finally after the complicated process of transferring assets Halifax was merged with Lloyds Banking Group, which majorly owns and manages its operations at large today.
Flickr: The Halifax-Bank of Scotland (HBOS) Pool
Lloyds, Halifax and Bank of Scotland customers face ...
Flickr: The Halifax-Bank of Scotland (HBOS) Pool
Lloyds, Halifax, Bank of Scotland transfers DOWN blocking ...
Flickr: The Halifax-Bank of Scotland (HBOS) Pool
Lloyds, Halifax and Bank of Scotland closing dozens of ...
Apple Pay flops in UK as HSBC, Barclays, Lloyds, Halifax ...
Halifax increases rates on mortgages and remortgage deals ...
The Tribune, Chandigarh, India - Business
A spokesperson for the banking group stressed that the vast majority of customers can access its internet banking sites normally. A major outage has hit Halifax, Lloyds and Bank of Scotland on New Year's Day, leaving vast numbers of Britons unable to access their accounts. Halifax Bank underwent a merger with the Bank of Scotland and was renamed as HBOS.
