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Crosby joined the Halifax bank in 1994 as Managing Director of Halifax Life. [8] Five years later, he became the chief executive of Halifax plc, replacing Mike Blackburn, and in 2001 Crosby became the first chief executive of the newly formed HBOS Group after overseeing the merger between Halifax plc and the Bank of Scotland. [9]
On 1 November 1999, he joined the Halifax as chief executive of Halifax Retail. In September 2001, the bank merged with the Bank of Scotland. He became chief executive of the Retail Division of HBOS plc. He became chief operating officer (COO) in July 2005, [29] then CEO in July 2006, taking over from James Crosby. In September 2008 he was ...
The Halifax Permanent Building Society paralleled the Equitable by forming its own bank in 1910 – the Halifax and District Permanent Banking Company – but that was sold in 1917. Following the merger, branches were quickly opened in a number of leading cities: Aberdeen, Birmingham and Cardiff in 1929; and Belfast, Derby and Newcastle in 1930 ...
Lloyds Banking Group has announced plans to close 45 branches across the Lloyds, Halifax and Bank of Scotland networks. ... Bank of Scotland branches: Glasgow – Byres Road – March 21 Tarbert ...
In 1993, Blackburn was named as the CEO of the Halifax Building Society. [6] [7] His tenure at Halifax was marked by involvement in legal disputes, including a notable case against the UK government and the European Court of Justice concerning financial issues. [3] In 1999, Blackburn left Halifax and was succeeded by James Crosby.
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In 2006, HBOS secured the passing of the HBOS Group Reorganisation Act 2006 (c. i), a local act of Parliament that rationalised the bank's corporate structure. [6] The act allowed HBOS to make the Governor and Company of the Bank of Scotland a public limited company, Bank of Scotland plc, which became the principal banking subsidiary of HBOS.
Paul Russell Moore (30 October 1958 – September 28, 2020) [1] was best known as the HBOS whistleblower following his dismissal from Halifax Bank of Scotland (HBOS) in 2004. . Moore was the bank's Head of Group Regulatory Risk and was fired from the role by HBOS Group Chief Executive Office James Crosby following his warnings to the Board about HBOS's risky sales strategi