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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]
The new group was named Halifax Bank of Scotland (HBOS) with headquarters in Edinburgh, and retained both Halifax and the Bank of Scotland as brand names. Halifax branches in the rest of the UK use the Bank of Scotland brand for business banking. In 2006 the Bank of Scotland (Ireland), HBOS's main retail bank in Ireland, announced that it would ...
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 ...
It was the holding company for Bank of Scotland plc, which operated the Bank of Scotland and Halifax brands in the UK, as well as HBOS Australia and HBOS Insurance & Investment Group Limited, the group's insurance division. HBOS was formed by the 2001 merger of Halifax plc and the Bank of Scotland. [1]
The closures will take place between April and October 2020 and see the group shutting 31 Lloyds, 10 Halifax and 15 Bank of Scotland branches.
Lloyds Banking Group has announced plans to close 45 branches across the Lloyds, Halifax and Bank of Scotland networks. See below if your local bank is one of those impacted and what date they are ...
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
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