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Words: | Submitted: Thu Jul 11 2002
... fifth largest building society resulted in an enlarged and strengthened financial organisation with assets currently at £154 billion. This would have given it a large market shares of customers and increased the funds of the organisation. The Head Office building has remained in Halifax, England and a further central base has been established in Leeds to house the Halifax's financial services businesses. Halifax Direct, the 24 hour telephone banking service, opened September 1995 from offices at Westbank in Leeds. This showed that Halifax was responding to the changing market, as people do not always have time to drop into a branch. This made it more convenient for the customer when requiring information or access to accounts. On 31st December 1996, Clerical Medical, the experienced fund managers, became part of the Halifax Group. Halifax, the nation's number one building society converted to plc status and was listed on the London Stock Exchange on ...
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