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    1. The shares were further affected by recurrent speculation that the bank might bid for TSB. US house Lehman Brothers also voiced caution, arguing that: 'The shares looked stretched without a new source of operating gains.'
    2. Many Hill Samuel executives don't want to participate in TSB's plan to concentrate the bank's corporate-finance activities on small and medium-sized U.K. companies.
    3. Mr Barrett also estimated that TSB's pre-tax profits last year were Pounds 80m, compared with a Pounds 47m loss in 1991 and a 1990 profit of Pounds 312m. TSB also considered spinning off its poor quality loans into a separate 'bad bank'.
    4. Mr Barrett also estimated that TSB's pre-tax profits last year were Pounds 80m, compared with a Pounds 47m loss in 1991 and a 1990 profit of Pounds 312m. TSB also considered spinning off its poor quality loans into a separate 'bad bank'.
    5. TSB's lending, like that of all the other high street banks, has fallen sharply.
    6. TSB's preliminary figures are expected in January. A strong drinks sector was the subject of some recovery buying, according to analysts, with a strong sense that the maligned sector was at last beginning to turn.
    7. 'TSB is a recovery stock but the short term outlook remains poor,' said one.
    8. "In TSB and Hill Samuel we have two strong brands serving separate markets," said Sir Nicholas Goodison, chairman of TSB Group.
    9. "In TSB and Hill Samuel we have two strong brands serving separate markets," said Sir Nicholas Goodison, chairman of TSB Group.
    10. In Britain, Lloyds Bank PLC, Barclays PLC and TSB Group PLC have all developed profitable insurance operations alongside their traditional banking businesses.
    11. The TSB already has said it has no plans to cut its rates but others have the situation 'under review.'
    12. With NatWest starting to peddle life assurance and TSB promising a sharper focus, though, Prudential might expect stiffer competition.
    13. The fiscal first-half pretax results were weaker than most market forecasts but a modest improvement from a year earlier, when TSB's pretax profit slid 22%.
    14. Pye says this implies a switch 'from recovery to quality' - from banks like Barclays and National Westminster to those with better growth prospects. Abhey, TSB, HSBC Holdings and Royal Bank of Scotland all have strong capital already.
    15. TSB, which has 25,000 employees, was negotiating with the union yesterday.
    16. TSB has its cost base under control and has shed nearly 5,000 staff.
    17. It traded 9,390 contracts with the July 70 puts the busiest series. British Airways was a poor second at 1,993 lots and TSB followed at 1,957 contracts.
    18. Blocks of TSB shares were placed at 266p as the market closed. Dealers said the driving force behind the share price was the 20 per cent dividend increase, which outstripped the market's best expectations of around 9.5 per cent.
    19. Banks provided one of the FT-SE 100's few firm spots in TSB, where there was talk of the imminent sale of the Hill Samuel merchant banking operation.
    20. Royal Bank of Scotland plans to cut 3,500 staff in five years through branch restructuring, and TSB is cutting 840 jobs in order to merge its banking and insurance operations.
    21. TSB has covenanted to buy it back in five years, should Mortgage Express fail to do so, at a price equivalent to Pounds 1.15 for every Pounds 1.00 share.
    22. Analysts are looking for pre-tax profits around Pounds 264m (Pounds 230.1m). However, full-year results from TSB Group are likely to cheer the market. Figures are expected to recover on lower bad debt provisions.
    23. This may not seem much restriction when, as in the case of Barclays and TSB Group this can total 7m, but only TSB believes it can aim to provide financial services to more than half its customers.
    24. This may not seem much restriction when, as in the case of Barclays and TSB Group this can total 7m, but only TSB believes it can aim to provide financial services to more than half its customers.
    25. The division's pre-tax profits, announced last week, rose 17 per cent to Pounds 413m. TSB Bank Scotland's cost income ratio fell from 59.3 per cent to 52.6 per cent as a result of staff cuts and the removal of duplication.
    26. The balance of Pounds 675 will be provided by Hill Samuel, the merchant banking arm of TSB in the form of a loan.
    27. TSB has launched a range of fixed rate mortgages.
    28. Assuming the new owners can sort out the foreign subsidiaries, they will be left with a lucrative business bought at only a small premium over its value in TSB's books.
    29. In a non-vintage season at ENO, Ms Joshua's deserved emergence as a principal is a precious highlight. English National Opera at the Lon- don Coliseum; performances until April 5. Sponsored by TSB Group plc.
    30. The card is provided by Clydesdale bank and can be used in Midland, NatWest, TSB and Link cash withdrawal machines.
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