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ING buys Kaupthing Edge UK savings business
ldn-100
Posts: 179 Forumite
Just announced on BBC News Channel.
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Link? :jYou're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0
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BBC News is only showing ING as taking over Hertiable (part of Landsbanki). http://news.bbc.co.uk/1/hi/business/7658417.stm
I believe the BBC have got the initial facts wrong.0 -
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not always the most reliable of sources but the Daily Mail also confirms the ING acquisition of KE deposits;
http://www.dailymail.co.uk/money/article-1069715/Brown-ready-sue-Iceland-recoup-savings-200-000-Britons-unable-withdraw-money.html
"Today savings bank ING Direct UK announced it was acquiring more than £3 billion of deposits held by British savers with two Icelandic-owned banks.
The Dutch-owned group, is to buy £2.5 billion of deposits and 160,000 customers from Kaupthing Edge, the UK retail arm of Iceland's biggest bank"0 -
I've just spoken to KE customer service and the rep told me that they had just heard the rumour that ING direct have acquired the deposits but assured me that this was untrue and just a rumour. Apparently KE are currently preparing a statement to that effect.It's better to beg forgiveness than ask permission.0
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