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Lloyds TSB to bailout HBOS for 12.2 bn pounds

British banking major Lloyds TSB has announced that it has reached an agreement for acquiring UK's troubled mortgage lender HBOS for a consideration of 12.2 billion pounds.The offer values HBOS at......

NRI bank clerk jailed for fraud in UK

An Indian-origin clerk who worked for a UK branch of ICICI and stole 80,000 pounds from customers to pay his rent and furnish his house, has been jailed for a year. Harprit Shari, 27, was working......

Strong long-term demand for outsourcing: Tholons

The worldwide market downturn will impact the growth and margins of IT companies for the first two-three quarters of 2009 before picking up and ending the year on a stronger note as clients seek to......

Global banks: Of bailouts and beggars

Banks completed a full circle in 2008, as famed lenders from New York to Tokyo turned beggars who lined up for bailouts from their respective governments.The over a century-old institution Lehman......

Global M&A volume reaches $3-trillion mark

Global merger and acquisition volume has reached the $3 trillion mark so far this year, driven by slew of M&A activity pursuant to the financial turmoil across the world, a latest report......
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Jennifer Aniston, Justin Theroux make first joint public appearance post their wedding for 'The Leftovers'

Aniston, 46, had her Jennifer Meyer-designed wedding ring on display as she showed up to support her new husband and his HBO show in Texas... ...

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Related Pages

HBOS Group Reorganisation Act 2006

UK Legislation

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