Business View: HBOS&#39;s lazy rivals leave the way wide open for ...
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If James Crosby, chief executive of HBOS, has any lingering doubts about the decision to drop plans to bid for Abbey National and instead go for organic growth, then he should take heart from the following story.
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HBOS&#39;s decision not to bid for rival Abbey Nationalleaves just smaller targets for large British banks to buy in the UK, bankers and analysts say.
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BANKING giant HBOS yesterday said it had pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander
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HBOS , Britain's biggest  mortgage lender, said profits are on track to rise 4 percent  this year but it will take a 180 million pound ($367.7 million)  hit on the value of assets due to the credit crunch, which will  also hurt margins.
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And Vodafone rejigs data tariffs O2 is considering introducing business tariffs for customers who want to use iPhones at work.â¦Learn &amp; Contribute, Live &amp; Online - The Register Debates Green Computing
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Expensive mistake BSkyB has been told to sell off most of its stake in rival broadcaster ITV.â¦
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D-Day is looming for James Crosby. Whether it is this week or next, the chief executive of HBOS does not have very long left to decide whether to launch a counter-bid for Abbey National.
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HBOS questioned yesterday the impartiality of the European Union&#39;s competition commissioner, Mario Monti, after he made comments that appeared to be favourable to a bid for Abbey National by the Spanish bank Santander Central Hispano.
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The board of HBOS is due to decide this week whether to bid against Spanish bank Santander for local rival Abbey National, newspapers say, but HBOS declined to comment.
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Halifax-to-Bank of Scotland group HBOS has said it has pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears the way for Spain&#39;s Santander Central
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European shares traded sideways on  Wednesday but banks were a bright spot as Britain's HBOS  rallied on relief it would not be wading into a bidding war for  domestic peer Abbey.
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An attempt has failed to wind up the HBOS banking group over overdraft charges owed to some of its customers.
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HBOS, THE Halifax and Bank of Scotland group that is considering whether to make a bid for Abbey National, yesterday reacted furiously to a statement from Mario Monti
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LONDON, August 23 (New Ratings) - HBOS Plc (HB7.ETR) is reportedly planning on complaining to the European Commission about the continuing cross-shareholdings between Banco Santander Central Hispano (BSCH) and Royal Bank of Scotland (RBOS), despite the
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HBOS, the UK&#39;s fifth largest bank, surprised the City yesterday when it announced it would not be making a bid for Abbey National, walking away from what its chief executive, James Crosby, recently
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Rupert Murdoch&#39;s brazen attempt to relocate to dodgy Delaware is in big trouble and the world&#39;s most powerful man has blinked.
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Banking group HBoS yesterday dropped out of contention to buy its historic rival Abbey National, leaving the way clear for the Â£8.