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The Halifax Permanent Building Society paralleled the Equitable by forming its own bank in 1910 – the Halifax and District Permanent Banking Company – but that was sold in 1917. Following the merger, branches were quickly opened in a number of leading cities: Aberdeen, Birmingham and Cardiff in 1929; and Belfast, Derby and Newcastle in 1930 ...
In 1993, Blackburn was named as the CEO of the Halifax Building Society. [6] [7] His tenure at Halifax was marked by involvement in legal disputes, including a notable case against the UK government and the European Court of Justice concerning financial issues. [3] In 1999, Blackburn left Halifax and was succeeded by James Crosby.
HBOS offices in Lovell Park, Leeds, formerly those of the Leeds Permanent Building Society before its takeover by the Halifax Building Society. HBOS plc is a banking and insurance company in the United Kingdom, a wholly owned subsidiary of the Lloyds Banking Group , having been taken over in January 2009.
The company went on to acquire Halifax Estate Agencies Limited ('HEAL') from Lloyds Banking Group for a nominal consideration of £1 in October 2009. HEAL's 218 branches, which had been built up by Halifax Building Society in the 1980s, were rebranded to other LSL brands in 2010. [9]
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In 2001, a wave of consolidations in the UK banking market led the former Halifax Building Society—which originated in 1853—to agree to a £10.8 billion merger with Bank of Scotland. [12] Trustee Savings Bank (TSB) can trace its roots back to the first savings bank founded by Henry Duncan in Ruthwell, Dumfriesshire, in 1810.
Halifax Share Dealing [1] was the first in the UK to offer a regular investment plan where customers can buy shares, known as ShareBuilder. Halifax Share Dealing has continued to expand, and now offers a Self Select Funds ISA ( Individual Savings Account ), a Self Select Stocks and Shares ISA, and a SIPP ( self-invested personal pension ).