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ICESAVE owners selling off bits of their business
Limes
Posts: 103 Forumite
http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4863901.ece
I know it's not directly affecting deposits from us normal folk yet but having read this article in the Times and knowing that they are the parent behind ICESAVE and that recent reports suggest their swap rates are going skyward, I'm kind of wondering if there's a chance that my savings are going to be touched at some point?
The article looks to be outlining restructuring within their corporate finance and brokerage business but is there not the whiff of a hint of trouble here? I don't want to be overly alarmist about this and so would value anybody's opinion on the subject.
I know it's not directly affecting deposits from us normal folk yet but having read this article in the Times and knowing that they are the parent behind ICESAVE and that recent reports suggest their swap rates are going skyward, I'm kind of wondering if there's a chance that my savings are going to be touched at some point?
The article looks to be outlining restructuring within their corporate finance and brokerage business but is there not the whiff of a hint of trouble here? I don't want to be overly alarmist about this and so would value anybody's opinion on the subject.
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http://business.timesonline.co.uk/tol/business/industry_sectors/banking_and_finance/article4863901.ece
I know it's not directly affecting deposits from us normal folk yet but having read this article in the Times and knowing that they are the parent behind ICESAVE and that recent reports suggest their swap rates are going skyward, I'm kind of wondering if there's a chance that my savings are going to be touched at some point?
The article looks to be outlining restructuring within their corporate finance and brokerage business but is there not the whiff of a hint of trouble here? I don't want to be overly alarmist about this and so would value anybody's opinion on the subject.
At the bottom of that article - unemployment rate 1%0 -
At the bottom of that article - unemployment rate 1%
That'll probably be the bloke who just got sacked for his inept trolling in support of Iceland banks in this forum. :rotfl:
Dave.... DaveHappily retired and enjoying my 14th year of leisureI am cleverly disguised as a responsible adult.Bring me sunshine in your smile0
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