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HSBC Network/Other savings institution question
Somerset
Posts: 3,636 Forumite
Like everyone else, I'm thinking safety. Plus I'm also thinking home-grown.
HSBC appears to be the strongest of the UK 'big boys'. I know First Direct are owned by them, but who else ( savings-wise ) ? I had a look at Martin's chart and it seems their registration is shared amongst 9 - so if we take HSBC and FD out of the pot - who are the other 7 that are under the HSBC umbrella ?
HSBC appears to be the strongest of the UK 'big boys'. I know First Direct are owned by them, but who else ( savings-wise ) ? I had a look at Martin's chart and it seems their registration is shared amongst 9 - so if we take HSBC and FD out of the pot - who are the other 7 that are under the HSBC umbrella ?
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Comments
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Marks and Spencer money are one of them, but I have no idea what the other 6 are.I am a Chartered Financial Planner
Anything I say on the forum is for discussion purposes only and should not be construed as personal financial advice. It is vitally important to do your own research before acting on information gathered from any users on this forum.0 -
Erm, If you read the chart instructions, you'll notice that to compensate for those colourblind folks or those with chronic
screens, banks that share the same licence, are numbered the same...
As in, those numbered (1) all share a licence, (2), shares a licence...... and those numbered (9), share a licence. ie, there aren't 9 banks in that group, it's group number 9. Thats why First Direct and HSBC share a (9) after them..0 -
Think me brain was running on empty
Thanks. 0
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