Bank of Scotland to continue talks with Abbey National

The Bank of Scotland said it will press on with merger talks with Abbey National in spite of “gatecrashing” threats from Lloyds TSB.

LONDON (Brand Republic) – The Bank of Scotland said it will press on with merger talks with Abbey National in spite of “gatecrashing” threats from Lloyds TSB.

It emerged that Bank of Scotland was interested in mortgage lender Abbey National earlier this month.

This was followed by revelations that Lloyds was considering selling Cheltenham & Gloucester, the building society it bought in 1995 for £1.8bn, in order to buy Abbey National.



You have

[DAYS_LEFT] Days left

of your free trial

Subscribe now

Subscribe to Campaign from just £57 per quarter

Includes the weekly magazine and quarterly Campaign IQ, plus unrestricted online access.

SUBSCRIBE

Looking for a new job?

Get the latest creative jobs in advertising, media, marketing and digital delivered directly to your inbox each day.

Create an Alert Now
Share

1 Meet the new breed of ad agency chiefs

A new wave of first-time CEOs are opting to do things differently in an evolving landscape. They discuss the business model of the future with Jeremy Lee.

Case study: How 'This girl can' got 1.6 million women exercising
Shares0
Share

1 Case study: How 'This girl can' got 1.6 million women exercising

"This girl can" was based on a powerful insight: that the fear of judgement by others is the primary barrier holding women back from participating in sport.

Just published

More