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Question created by

Which of these banks will be the next victim of the credit crisis?

Settled as HBOS

Settled as HBOS, effective as of 4:46 PM BST, as this link reported the deal at that time.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/the_creation_of_lloyds_hbos.html

Background:

Lehman’s most valuable assets are still on the block, but becoming less valuable by the hour with the bank having filed for bankruptcy protection. And with Merrill Lynch now heading for the relative safety of Bank of America’s $50 billion embrace, it’s time ask “Who is next and how?” http://blogs.reuters.com/reuters-dealzone/2008/09/15/who-next-and-how/


Settlement details: "Victim" means the bank either files for bankruptcy or sells all or part of itself to another company. As reported on www.reuters.com.

 
Forecast history, %
   Zoom in

Settled

Morgan Stanley
16%
Goldman Sachs
6%
UBS
7%
Citibank
4%
HBOS
14%
BNP Pariabs
4%
Washington Mutual
50%
Activity: H$33,937
Settled as HBOS on Sat 20th Sep 6:14am PDT

Suspend date: Wed 31st Dec 3:59pm PST (5 weeks to go) Settlement date: Sat 20th Sep 6:14am PDTPrediction cut-off: Predictions on this question after Wed 17th Sep 8:45am PDT have been voided because they were made after the question could be settled

Initial likelihoods: Morgan Stanley: 14%, Goldman Sachs: 14%, UBS: 16%, Citibank: 14%, HBOS: 14%, BNP Pariabs: 14%, Washington Mutual: 14%

Action history:

Created Mon 15th Sep 6:17am PDT by reuters
Suspended Wed 17th Sep 10:08pm PDT by kruijs[Power User]: Flagged by super user: Waiting for announcement...

"I can reveal that both boards have now agreed the takeover, which will be announced tomorrow morning. The price will be 232p per HBOS share in Lloyds shares."

http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/the_creation_of_lloyds_hbos.html
Settlement requested Wed 17th Sep 10:56pm PDT by keyeshoveden: It's HBOS>
Settled as 'HBOS' Sat 20th Sep 6:14am PDT by bayoubear[Admin]: Settled as HBOS, effective as of 4:46 PM BST, as this link reported the deal at that time.
http://www.bbc.co.uk/blogs/thereporters/robertpeston/2008/09/the_creation_of_lloyds_hbos.html

Suspend date: Wed 31st Dec 3:59pm PST (5 weeks to go) Settlement date: Sat 20th Sep 6:14am PDTPrediction cut-off: Predictions on this question after Wed 17th Sep 8:45am PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (54)

54 predictions

9 weeks ago
hippyboomer predicted Washington Mutual (H$50 at 4%)
9 weeks ago
bedlam predicted Morgan Stanley (H$10 at 1%)
9 weeks ago
bedlam predicted Goldman Sachs (H$10 at 1%)
9 weeks ago
ratel predicted Washington Mutual (H$600 at 8%)
9 weeks ago
donal predicted HBOS (H$10,000 at 78%)
more

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