United Kingdom
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Thursday, 28 August 2008
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| View All Articles About 'Hbo' |
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| 1. |
HBOS to shut The Mortgage Business
HBOS will cut up to 425 jobs and shut one of its five mortgage brands to new business as the group positions itself for a shrinking loan market and a drop in house prices.
15 Aug 2008 |
| 2. |
HBOS may cut 425 jobs
HBOS is to cut 425 jobs and shut down one of its five mortgage brands to new business in a cost-saving exercise, the Financial Times reported on Thursday.
14 Aug 2008 |
| 3. |
HBOS profit hit by writedown
HBOS, Britain's biggest home lender, said it is considering asset sales after reporting that first-half profits halved due to a 1.1 billion pound hit on debt securities hurt by the credit crunch.
31 Jul 2008 |
| 4. |
HBOS cuts mortgage rates
HBOS, Britain's biggest mortgage lender, said it is cutting rates on some of its home loans, the third time it has reduced borrowing costs this month.
28 Jul 2008 |
| 6. |
HBOS rights issue flops
Shareholders in HBOS have bought up only 8.3 per cent of shares in the banking group's £4 billion rights issue. Underwriters of the rights issue will now have to sell of nearly £3.8 billion of new shares.
21 Jul 2008 |
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HBOS shares drop sharply
Britain's biggest mortgage lender HBOS warned of a sharper fall in house prices and said more of its customers were falling behind on their repayments, sending its shares sharply lower.
19 Jun 2008 |
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HBOS says rights issue on track
HBOS said its 4 billion pound rights issue was going "according to plan" but failed to stop a slump in its shares on Wednesday to below the level at which it plans to sell stock.
11 Jun 2008 |
| 10. |
HBOS rights issue proceeding as planned
HBOS Plc said that its £4 billion rights issue was proceeding as planned and that current trading was in line with previous guidance. The group, which owns mortgage lender Halifax, said that it would publish a prospectus for its underwritten rights issue later in the month.
02 Jun 2008 |
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