HBOS

37 results about this entity

Period: 18 May 2004 - 16 Nov 2009

Weekend storms take down HBOS IT systems

The severe storms that swept across the UK late Friday caused a power failure at a HBOS data centre in Yorkshire that knocked out the high street bank's cash machines, branches and online banking services.

Misys weathers the downturn; appoints former HBOS CEO as chairman designate

Banking systems vendor Misys has reported a positive set of first half results and named Sir James Crosby, former chief executive of UK banking group HBOS, as chairman designate.

Lloyds TSB nabs RBS man Fisher to lead Hbos integration

Lloyds TSB has named Mark Fisher - currently overseeing the integration of ABM Amro into the Royal Bank of Scotland (RBS) - as director of group IT and operations.

Lloyds TSB details £1.5 billion cost cuts

Lloyds TSB says it expects to reap £1.5 billion in annual savings from consolidation of technology, branch closures and job cuts as part of its mega merger with distressed high street rival HBOS.

CBA to include BankWest in core banking overhaul

Commonwealth Bank of Australia (CBA) says BankWest - which it is acquiring from Britain's Hbos - will be included in the overhaul of its core banking operations.

Hbos looking to offshore 2000 tech jobs - report

British banking group Hbos - which is set to be taken over by Lloyds TSB - is planning to offshore around 2000 UK-based IT jobs to centres in India, according to press reports.

Lloyds TSB told to ditch offshoring

Lloyds TSB should be forced to halt all offshoring programmes in return for government support for its takeover of Hbos, according to a union representing thousands of staff at the bank.

Hbos chief hit by ID fraud scam

Hbos chief executive Andy Hornby has fallen victim to ID theft after a fraudster stole his identity and withdrew thousands of pounds from his personal bank account.

Hbos cuts jobs in mortgage shake-up

UK bank group Hbos is cutting hundreds of jobs under a restructuring of its mortgage operations, which includes the closing of its TMB brand.

UK's Faster Payments service goes live

The UK's faster payments service, designed to provide customers with near real-time transfer of phone, Internet and standing order payment instructions - has finally gone live.

Third of UK Web users bank online

Around a third of the UK's online population - 10.9 million people - accessed their bank account via the Internet in January, according to Web metrics firm comScore.

Credit card customers want to manage accounts online - study

The majority of credit card holders want to manage their accounts via the Web, according to a UK study from customer research outfit Global Reviews which found that Lloyds TSB provided the best online experience for card customers.

Poker playing brothers facing gaol over ATM scam

A Glasgow court has heard how two professional poker players exploited a glitch in HBOS ATM machines to steal over £150,000 with the intention of funding a gambling spree in Las Vegas.

Hbos signs for SAS card fraud detection technology

UK banking group Hbos is implementing card fraud detection technology supplied by business intelligence software vendor SAS which it will use to monitor debit card transactions.

HSBC tops climate change strategy survey

British banking group HSBC has come out top in a study that examines how global banks are tackling the risks and challenges posed by global warming and climate change.

Abbey to extend UK branch network

UK high street bank Abbey is planning to open 300 new branches over the course of the next five years.

Hbos plans £160m retail banking expansion in Australia

UK banking group Hbos has disclosed plans to invest £160 million in expanding its operations in Australia, including the opening of 160 new branches on the more densely populated east coast of the country.

Channel management big challenge for banks - Booz Allen Hamilton

The majority of customers still prefer to do their banking and buy financial products at branches because of poor performance of Internet and telephone channels, according to a global retail banking study conducted by management consulting firm Booz Allen Hamilton.

Bank of Scotland customer data lost in the post

Bank of Scotland (BoS) - part of the UK's Hbos banking group - is notifying more than 60,000 mortgage customers that a computer disc containing their personal information has been lost in the postal system.

Halifax customer data stolen

UK bank Halifax has admitted that paper documents containing confidential information on some 13,000 of its mortgage customers have been stolen from an employee's car.