HBOS plans Irish foray with 46 new branches
HBOS Plc. is planning to open 46 new branches in Ireland in the next 14 months, the bank announced Tuesday. The move is intended to shake up the Irish banking sector and offer stiff competition to two of the country's major banks, Bank of Ireland and Allied Irish Banks.
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Wed, 11 Jan 2006 20:05 GMT |
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Lawsuit charges NatWest as funds conduit for Palestinian terrorists
Royal Bank of Scotland Group Plc.'s unit National Westminster Bank has been charged with acting as a conduit to provide funds to Palestinian terrorists. A lawsuit filed in the Federal District Court in Brooklyn, New York, by 14 victims of terrorism and their families, alleges that London-based charity organisation Interpal had chanelled funds in millions of dollars to Palestinian terrorists through accounts maintained in the National Westminster Bank, which became part of the Royal Bank of Scotland in 2000.
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Sun, 08 Jan 2006 02:05 GMT |
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Fast bank transfers a reality by 2007: APACS
LONDON - The wait for the acknowledgement of electronic transactions could be over after payments association APACS announced that all major banks in Britain had agreed to cooperate on a new system that clears all transactions on the same day.
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Sun, 18 Dec 2005 14:05 GMT |
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RBOS expects to meet 2005 profit forecasts
Royal Bank of Scotland Group Plc. said it is on course to meet market forecasts for the full year. The bank, U.K.'s second largest, said there has been robust growth in international operations, which it hoped will contribute to profitability.
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Thu, 08 Dec 2005 16:15 GMT |
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HBOS hopes to beat market forecast for FY2005
Banking major HBOS Plc. said good growth in its insurance and investment units and tight cost control will help it beat analysts' forecast for the year ending December 2005 of 84.4 pence a share.
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Tue, 06 Dec 2005 16:15 GMT |
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Sanctuary Group plans public offer to come out of crisis
Crisis-ridden music company Sanctuary Group Plc. is planning to come out with a share offer worth 100 million pounds to 130 million pounds to the public later this month, according to sources. The company, Britain's largest independent record company behind music greats such as Sir Elton John and Beyonce, has a market value of just 12 million pounds, and the shares to be offered, according to market analysts, will have to be highly discounted in order to attract investors.
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Mon, 05 Dec 2005 08:25 GMT |
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