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Chief Executive James Crosby (R) and Deputy Chief Executive Peter Burt (L) at the launch of the Halifax and Bank of Scotland merger at the headquarters in Edinburgh. * The new bank will be known as HBOS plc, shares in the group rose a marginal 3p to 834 p by mid-morning keeping its head above water despite widespread falls among its rivals. 26/03/04: James Crosby, 47, the chief executive of banking group HBOS who saw his pension pot increase by 1.9 million last year, it emerged. Mr Crosby, also earned 1.07 million in pay and bonuses after the bank posted a 29% increase in pre-tax profits to 3.77 billion. News of Mr Crosby's pay package comes as a number of major banks disclose directors' earnings in their annual reports.
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