The name of Birmingham Midshires is under scrutiny as Lloyds TSB considers the future of all brands involved in its takeover of Halifax Bank of Scotland.

Banking giant Lloyds TSB has pledged that the names of Lloyds TSB, Halifax and Bank of Scotland will all remain on the high street after the planned HBOS rescue.

Lloyds TSB and Halifax will operate alongside each other in England and Wales, while Bank of Scotland would become the group's brand in Scotland.

But there was no update on potential branch closures or the impact on staff of the takeover plans.

The deal would create the UK's biggest bank, set to be called Lloyds Banking Group, with about 145,000 staff and 3,000 branches.

Lloyds shareholders overwhelmingly backed the takeover last month, but HBOS investors have yet to approve the deal. They will get the chance to have their say next Friday, although the vote comes amid mounting opposition to the deal in Scotland.

The Competition Appeal Tribunal will next week reportedly hear a legal challenge lodged by an alliance of Scottish businessmen, HBOS account holders and investors - with a ruling potentially before the HBOS shareholder meeting.

Lloyds TSB has said it is looking at the other brands within the two groups, which include Lloyds TSB's mortgage arm Cheltenham & Gloucester and HBOS brands Intelligent Finance and Birmingham Midshires.

Under the proposed takeover, HBOS investors will receive 0.605 of a Lloyds share for every one of their own shares, in a deal valuing HBOS at around £4 billion.

There are fears of widespread job losses and branch closures, with concerns that the deal will have a particular impact in Scotland. Lloyds said the integration of the Bank of Scotland and Lloyds Scotland retail and corporate businesses would take two to three years.

It has also yet to decide if the Bank of Scotland corporate brand would continue outside Scotland,