Bank of Scotland and Halifax have met to give the final go-ahead to a £28bn merger.
Details should be announced today or Tuesday.
Retail operations will be run from Halifaxs Yorkshire base. Corporate and small business banking will be based in Edinburgh, Scotland.
Financial Times 04/05/01 page 19
The Daily Telegraph 04/05/01 page 36 (themarket)
The Guardian 04/05/01 page 22