British bank Lloyds TSB announces HBOS takeover - British bank Lloyds TSB announces HBOS takeover (AFP) British News AFP - British bank Lloyds TSB announced on Thursday it was taking over distressed rival Halifax Bank of Scotland (HBOS) in a 12.2-billion-pound deal.<br clear="all"/> Source: Yahoo! News: World - Britain Politics, Business, Civil & History.