Q&A: The new banking landscape
By Steve Lodge, Lucy Warwick-Ching, Jo Cumbo and Ellen Kelleher Royal Bank of Scotland (RBS) and Lloyds Banking Group have been given four years to sell off some of their assets, to comply with European rules on banks receiving... [read full story]
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Ding ding: end of round two of the banking bailout
Bar staff at the Westminster Arms are used to a political class of clientele. That morning, in a series of co-ordinated announcements, the Treasury, Royal Bank of Scotland and Lloyds Banking Group had revealed a long-awaited...
Millions of bank customers to be forcibly moved
The break-up of Lloyds and Royal Bank of Scotland, hailed last week as giving greater choice, will instead compel more than five million customers to change bank. People will be forced to switch to a new bank, probably a...
Margareta Pagano: Even at an Aldi discount, Lloyds is still a gamble
Michel Pébereau, the head of BNP Paribas, the French banking giant, told me an age ago how he would love to buy Lloyds Bank but couldn't afford to because of the huge premium he would have to pay for what was then one of the...
Roll up, roll up, for the great bank sell-off
Early next year, a million Northern Rock savers and up to 200,000 borrowers will get a letter telling them their accounts will in future be with the "good bank" being split from the nationalised lender. The other 300,000...
RBS appoints Alan Dickinson for branch sales
Your account has been frozen. ROYAL Bank of Scotland has installed long-serving executive Alan Dickinson to head up the sale of its branch network in England and Wales, which is seen as an early candidate for disposal....
Terry Murden: Foreign banks could emerge the winners in big sell-off
Your account has been frozen. Published Date: 08 November 2009 THE carve-up of Royal Bank of Scotland and Lloyds has taken different turns that has left both of them considerably weakened and raised questions about whether the...
With the forced sale of hundreds of Scottish bank branches, where is the government response to...
Your account has been frozen. Published Date: 08 November 2009 WHERE stands Scotland now in The Great Dismemberment of banking? Where was the Scottish Government in what was a critical and defining week for the future of...
Scottish banks reveal further losses and jobs cuts
Your account has been frozen. For your available options click the below button. Published Date: 08 November 2009 ANOTHER torrid week for Scottish banks started with the announcement by Royal Bank of Scotland that it would shed...
Lloyds & RBS customers can avoid sale
Alan O'Sullivan, This is Money , and banks have yet to confirm how they will transfer millions of their customers to another bank. Customers will be sold on with their branches to cut back on the banks' size, as part of the...
Will you be sold off with your bank?
We explain how the Lloyds and RBS sell-offs will affect customers Confusion reigned this week over which customers of Lloyds TSB and Royal Bank of Scotland (RBS) would be switched to new businesses when parts of the...
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