Summary
ERIC Daniels can hardly believe his luck. The taciturn Lloyds TSB chief executive has been casting a covetous eye over Halifax Bank of Scotland with its phenomenal share of the mortgage market for some years.
Yet he, like other bankers seeking to do transforming deals in Britain, have been prevented from doing so.See the full content of this document
Extract
Directors Who Let Everyone at Hbos Down ; Comment
Seven years ago Lloyds was barred from acquiring the much smaller Abbey by the competition authorities after it launched an [pounds]18bn bid. Abbey was later to fall into the hands of...
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