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'RBS, Lloyds & Northern Rock create new mini-banks...' blog discussion
in Martin's blogs & appearances & MoneySavingExpert in the news
12 replies 4.6K views
Former_MSE_Lawrence Former MSE
This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.
Read Martin's "RBS, Lloyds & Northern Rock create new mini-banks; what'll it mean for customers?" Blog.
Please click reply to discuss below.
This discussion has been closed.
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Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
As for whether this is good or bad for the customer, as you say: time will tell.
Now, it appears, Lloyds has to divest itself (effectively, a fire-sale) of some of the more profitable parts of its business. Who will now make a killing at the expense of both old Lloyds shareholders and of the taxpayer ?