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Lloyds TSB is to acquire HBOS for £12bn, which could lead to the loss of up to 40,000 jobs from the 139,000 combined workforce. 18-Sep-2008 HBOS is to close 53 Halifax estate agency branches with the loss of about 100 jobs, in order to focus on its core markets in the Midlands and the north. 25-Aug-2008 HBOS is to shed 425 jobs at its mortgage and IT operations in Chester, Cardiff, Edinburgh, Livingston and West Yorkshire, and its TMB mortgage brand will be closed to new business. 14-Aug-2008 HBOS is to close its business banking call centre at the Beechwood Business Park in Inverness, with the loss of 50 jobs. 22-Jul-2008 HBOS is planning to shed 650 of the 3,000 jobs at its business banking operations across the country over the next 18 months, and a further 350 staff will be transferred to new jobs. 17-Jul-2008 HBOS is to set up a 4,300 sq ft administrative office at the Teesdale Business Park in Stockton. 20-Jun-2008 HBOS has announced plans to shed up to 90 jobs at its Bank of Scotland corporate banking operations in Edinburgh and London. 08-May-2008 HBOS is considering plans to relocate 6,000 staff from 16 sites across Edinburgh into a new office development in the Fountainbridge area. 05-Mar-2008 HBOS is to set up a corporate banking office with about 625 staff at the 62,000 sq ft Number One Lochrin Square development in Edinburgh, with the first 100 staff moving in early next year. 20-Dec-2007 HBOS is to relocate 20 administration staff from Middlesbrough, Darlington and Sunderland to a new office being built at the Teesdale Business Park in Stockton by the end of the year. 30-May-2007 HBOS is to set up a 47,000 sq ft office at the Forty Springardens building in Manchester next April. 28-Aug-2006 HBOS is planning to consolidate its Glasgow-based corporate banking operations at the 94,000 sq ft former Bank of Scotland headquarters at 110 St Vincent Street. 16-Aug-2006 HBOS has expressed an interest in acquiring up to 40 Woolwich branches from Barclays, as part of its £100m expansion programme. 10-Jul-2006 HBOS is to relocate 60 jobs in its payment and international services department from Halifax to Glasgow later this year. 27-Apr-2006 HBOS is said to be considering plans to consolidate hundreds of staff at its Glasgow-based retail and corporate banking operation onto a single site. 25-Apr-2006 HBOS is to invest £100m opening 100 new bank branches over the next five years, with the creation of up to 1,500 jobs. 02-Mar-2006 HBOS, the bank, is in negotiations to set up a 47,000 sq ft office at Forty Springardens in Manchester. 25-Jan-2006 HBOS is planning to set up a network of 46 bank branches in Ireland over the next 14 months, mainly by overhauling sites recently acquired from the Irish Electricity Supply Board. 11-Jan-2006 HBOS is to set up a 30,000 sq ft Halifax Home Insurance claims centre at the NG2 business park in Nottingham next October, with the relocation of 100 jobs from Kegworth and the creation of 200 new jobs. 21-Dec-2005 HBOS is planning to open its biggest Bank of Scotland branch at Argyle Street in Glasgow in 2007, employing 65 staff, but three existing city centre sites would close. 21-Dec-2005 HBOS is to close 48 of the 67 former Birmingham Midshires building society branches, with the remaining 19 being converted to the Halifax fascia and all 470 staff being offered jobs elsewhere in the group. 19-Sep-2005 HBOS is to acquire the life assurance business of MLP of Germany for up to £216m, in order to expand its Clerical Medical division. 20-Jun-2005 Intelligent Finance is to transfer 150 of its 2,000 staff to parent company HBOS call centres in Motherwell and Dunfermline. 15-Mar-2005 HBOS is to rebrand 700 Halifax bank branches by adding the Bank of Scotland name, in order to highlight its business services. 29-Jul-2004 HBOS is planning a multi-million pound refurbishment programme at its historic Edinburgh headquarters, which houses 150 staff. 03-Nov-2003 HBOS is to launch a new online insurance business aimed at higher premium car drivers called First Alternative, with the creation of 200 jobs at an operations centre in Manchester. 28-Oct-2003 HBOS has outsourced the management of its portfolio of 650 properties to Teesland. 18-Aug-2003 HBOS is to invest in a new specialist motor insurance business being set up by the founder of Direct Line, in order to target high net worth and non-standard car drivers. 26-Jun-2003 HBOS has acquired IMIWeb, the UK broking arm of Banca IMI of Italy, in order to expand its Halifax Share Dealing subsidiary. 09-Jun-2003 HBOS is to shed 50 jobs at its Clerical Medical financial services business in Bristol, with sales and support services being hardest hit. 27-Jan-2003 HBOS has offered £150m for the First National motor finance division of Abbey National. 20-Jan-2003 HBOS Card Services is to set up a new financial services office at Alexandra House in Cardiff Bay, with the creation of 200 jobs over the next three years. 10-Jan-2003 NM Rothschild has sold its asset management business to the Insight Investment division of HBOS for £61m. 05-Dec-2002 HBOS is seeking partners to expand its Intelligent Finance online banking business into continental Europe and the US. 02-Dec-2002 HBOS is to relaunch its fund management business under the name Insight Investment Management in October, with a budget of £40m for marketing and staff costs. 05-Jul-2002 HBOS has announced a £1.1bn share placing to continue the expansion of its retail and life assurance operations. 28-Feb-2002 HBOS is to set up a new administration complex in Fife for its Intelligent Finance internet and telephone banking business, with the creation of 800 jobs. 22-Feb-2002 HBOS is to close 60 of its 384 branches in Scotland over the next three years, and the Halifax brand will no longer be used on Scottish high streets. 18-Jan-2002 HBOS is planning to centralise most of its credit card marketing, sales, finance and administration functions in Cardiff and its credit card processing and customer service facilities in Dunfermline. 19-Nov-2001 HBOS is planning to invest £40m in the expansion of its Clerical Medical Investment Management business over the next three years, and 150 staff will be added to the current 250. 12-Nov-2001 HBOS is considering plans to close up to 60 bank branches in Scotland, to eliminate overlap between the former Halifax and Bank of Scotland operations. 09-Nov-2001 HBOS is to close its Halifax business banking administration centre in Exeter in March and offer alternative employment to 90 staff, as part of a nationwide reorganisation. 08-Nov-2001 HBOS is to close the Bank of Scotland retail marketing operation in Dunfermline, with all 60 staff being offered relocation to Halifax, Chester or Edinburgh. 29-Oct-2001 HBOS is planning to expand its activities in the small business banking market through the recruitment of an extra 1,500 staff over the next three years, which will involve the use of Halifax's high street branches. 22-Oct-2001 HBOS is planning to expand in the small business banking market, which will involve the creation of hundreds of jobs at Halifax branches and Bank of Scotland call centres. 10-Sep-2001
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