Is Halifax the next bank to go pop

[wichenburi]

BBC reporting Halifax in trouble over credit crunch and are about to be taken over by Lloyds.

[melvbot]

BBC NEWS | Business | HBOS confirms Lloyds merger talks

[mrsquirrel]

Depends what you read.

There are two stories.

One being that they are in trouble.

The other being a group cnuts are spreading rumours to encourage share price drop so they can get rich and put the UK at risk - again. 1st time was in March or May this year.

[bkkandrew]

Far more details here:

https://teakdoor.com/us-domestic-issu...tml#post763044

Spreads over about 2-pages...

[good2bhappy]

Lloyds TSB is to take over HBOS in a £12bn deal which will create a banking giant holding close to one-third of the UK's savings and mortgage market. The firms' boards agreed on Wednesday to a deal, to be formally announced later, valuing HBOS at 232p per share.