HBOS appeal adds new twist to Abbey saga
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HBOS yesterday appealed to the European competition authorities to examine the relationship between Royal Bank of Scotland and Banco Santander Central Hispano, the Spanish bank which has bid Â£8bn for Abbey National.
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Banking group HBOS today stayed silent on claims that its bosses will meet this week to finalise plans for a Â£10bn (â¬14.7bn) bid for Abbey National.
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British bank HBOS announced it would file a complaint to the European Commission regarding Santander Central Hispano's (SCH) multi-billion-pound bid for Abbey National due to competition issues.
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The Spanish bank bidding to buy Abbey National insisted today that a rival offer from UK group HBOS would not necessarily derail its interest.
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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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HBOS abandoned its ambition to take over its rival Abbey National yesterday, as Spain&#39;s Banco Santander Central Hispano stepped up its efforts to convince investors to back its proposed Â£8.
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A fresh appeal is made by police investigating the Â£26.5m Northern Bank robbery in Belfast.
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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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Banking group HBOS yesterday criticised European Competition Commissioner Mario Monti for appearing to welcome the Â£8.8 billion takeover of Abbey National
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HBOâs movie on one of Britainâs most notorious serial killers is a chilling, but also strangely affecting portrait of her bizarre 30-year friendship with an aristocrat.
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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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HBOS has decided against bidding for Abbey National, dampening hopes of a challenge to Spanish bank Santander&#39;s agreed 8.8 billion pound takeover and hitting the target&#39;s shares.
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European shares traded sideways on Wednesday but banks were a bright spot as Britain&#39;s HBOS rallied on relief it would not be wading into a bidding war for domestic peer Abbey.
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HBOS, based in Edinburgh, said last month it was considering making an offer for Abbey after Santander, Spain s biggest lender, agreed to buy the London-based bank in Europe s biggest-ever cross- border bank ...
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The four-hour HBO miniseries focuses on the British ruler's affairs of the heart.
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Halifax-to-Bank of Scotland group HBOS today said it had pulled out of a potential takeover battle for Abbey National. The announcement that it will not be bidding clears
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Spain's Banco Santander Central Hispano has the backing of the Abbey National board to accelerate its 8.3 billion pound bid for the UK mortgage bank, the Financial Times says.