Santander / RBS Deal Off

DCFC79

alanq wrote: »

It has been reported that Virgin Money has expressed an interest. Here's hoping that whoever evaluates the bids gets their sums right!

http://www.bbc.co.uk/news/business-19940642

Be interesing to see if this comes off,

chambta

Santander bashing seems perfectly acceptable to me. But then you'd probably think that it would do.

Personally I see this going one of two ways - the demand for the sale to be dropped or Virgin taking us over. The latter would be interesting.

opinions4u

CleanShirt wrote: »

Santander wanted to acquire English RBS to grow its SME presence in the market. Santander have always wanted to diversify their mix away from retail and more into business- it makes good business sense.

I remember when Halifax merged with Bank of Scotland.

James Crosby sent me an email saying much the same!

innovate

chambta wrote: »

Personally I see this going one of two ways - the demand for the sale to be dropped or Virgin taking us over. The latter would be interesting.

May be you could re-use the uniforms, since Virgin is some shade of red, too, isn't it?

anotherbaldrick

innovate wrote: »

Please stop shouting, and may be start looking at UK banks and their deep doodaah rather than pursuing your absurd and badly informed Santander bashing.

What's up, not getting people to love your Santander ? And as I posted it was not my assesment of their situation but the financial press . Go slag them off.

chambta

innovate wrote: »

May be you could re-use the uniforms, since Virgin is some shade of red, too, isn't it?

The Santander uniforms never threatened to arrive. I'm sure Ms Botin had that order put 'on hold' some time ago.

rb10

anotherbaldrick wrote: »

What's up, not getting people to love your Santander ? And as I posted it was not my assesment of their situation but the financial press . Go slag them off.

Your quote was written by a journalist who works for the Daily Mail.

Hardly the most reliable of sources.

anselld

anotherbaldrick wrote: »

The reason I am still with RBS is the really friendly and helpful service I received from my Branch over some 40 years in both private banking and two seperate business accounts . They made a couple of minor mistakes along the way but l feel what they gave me what I wanted with a personal service. I have and am still hanging on in the hope that it might work out in the end , probably be one of the last to step off the flooded quarterdeck into the foul shark infested waters .

Your choice obviously. I was with RBS for 29 years and likewise had good service but whilst I can sympathise with the local branch staff I could not forgive the gross Corporate incompetence and irresponsibility RBS as a whole displayed.

chambta

We've been invited to listen to an audio call of some sort with one of the big-wigs at 5pm. I'll not bother.

anotherbaldrick

innovate wrote: »

Couldn't agree more. I often wonder whether the bashers made actually even the slightest effort to look beyond their own nose and inform themselves of some crucial facts - - such as you mention, e.g. that a bunch of loonies at RBS started off the entire mess in the first place.

Actually it was the Americans , they devised the wheeze of sub-prime loan bonds . Our bankers mistake was being so stupid not to understand what they were and to buy them.