Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 33 results for "Lloyds TSB"

Fight on for slice of ANZ rights issue underwriting

AAP  |  WEDNESDAY, 29 OCT 2003
... of New Zealand (NBNZ). ANZ last Friday announced it was buying NBNZ for $4.9 billion was well as paying the vendor Lloyds TSB another $502 million dividend from NBNZ. ANZ chief executive John McFarlane said today ANZ's sub-underwriting had been over-subscribed ...

Afternoon market wrap: Shares continue to lose ground

WITH AAP  |  FRIDAY, 24 OCT 2003
... to 3266.1. ANZ is set to become one of the leading banks in New Zealand after agreeing to acquire NBNZ from London's Lloyds TSB for $A4.915 billion. ANZ shares are in a trading halt and are not expected to resume trading until Tuesday. Elsewhere in the ...

ANZ buys NBNZ for $4.915 billion

AAP  |  FRIDAY, 24 OCT 2003
... of the leading banks in New Zealand after agreeing to acquire the National Bank of New Zealand (NBNZ) from London's Lloyds TSB for $A4.915 billion. The purchase price is below the $6.5 billion Lloyds was believed to have been asking for NBNZ. The integration ...

ANZ poised to buy Lloyds NZ unit

Australia & New Zealand Banking Group is poised to announce a deal to buy Lloyds TSB Group Plc's New Zealand banking operations for around 2.34 billion pounds ($3.96 billion), a source close to the situation said on Thursday. ANZ is hoping to announce ...

Morning Market Wrap: Busy day expected; Dollar bounces overnight

... cent at 1893.48. In LONDON, Britain's top share index halted a three-day rally, nudged lower by banking stocks, with Lloyds TSB leading the pack lower amid nagging concern over the firm's growth prospects. The FTSE 100 closed down 3.9 points at 4270.1. ...

Lloyds TSB announces new strategy today

AAP  |  MONDAY, 6 OCT 2003
Britain's Lloyds TSB is expected to give an update on the $6 billion sale of its National Bank of New Zealand when it announces a new strategy to United Kingdom investors tonight, the Australian Financial Review reported. Australia's ANZ Banking Group ...

ANZ Bank gets thumbs down from NZ customers again

... Australia's ANZ Bank, which has expressed interest in buying the National Bank of New Zealand from its British parent Lloyds TSB, has been given the thumbs down by its customers for the fourth successive year, it was reported today. The Consumers' Institute ...

ANZ still has some hurdles to jump in NBNZ aquisition

AAP  |  FRIDAY, 26 SEP 2003
... but there are still a few hurdles left for the Australian bank to jump. ANZ is the only bank ready to buy NBNZ from Lloyds TSB, after Westpac Banking Corp Ltd pulled out, but there is still a price to be struck and the United Kingdom heavyweight won't ...

ANZ responds to NZ poor management report

... Banking Corp Ltd have put in submissions to the New Zealand regulator to buy the National Bank from United Kingdom-based Lloyds TSB, which has an asking price in the $6-$7 billion range. Shares in ANZ firmed 10 cents to $17.88 by 1437 AEST.

Westpac submits application to New Zealand Commerce Commission

... submitted an application to the New Zealand Commerce Commission regarding the sale of the National Bank of New Zealand by Lloyds TSB Group PLC. Westpac is one of several entities involved in the sales process established by Lloyds TSB. David Morgan ...