History
The history of HBOS and its constituent companies dates back to the 17th century. HBOS was formed in September 2001, following the merger between Bank of Scotland and Halifax plc. The merger was announced by both Boards of Directors on May 4, 2001. It became effective on the 10th September 2001.Scope of Operation
- Retail Banking
- Business Banking
- Corporate Banking
- Insurance and Investment
Key Statistics
- Assets of $928.53 billion
- Profits of $5.87 billion in 2006
- Operations in United Kingdom
- 63,685 employees
Organization
The organization is governed by: Board of Directors- Executive Directors
- Non-Executive Directors
Committees
- Executive Committee
- Audit Committee
- Nomination Committee
- Remuneration Committee
International Ranking
- 24th in the world according to Forbes Magazine
- 49th according to the Fortune Global 500 list
Subsidiaries
HBOS plc is the holding company of the HBOS Group. HBOS has 4 main subsidiaries:- Halifax plc
- The Governor & Company of the Bank of Scotland
- HBOS Insurance & Investment Group Limited
- Halifax Share Dealing Limited
Headquarter Address
PO Box 5The Mound
Edinburgh EH1 1YZ
United Kingdom
Phone: 44-870-600 5000
Website URL: www.hbosplc.com
