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Which UK banks behaved best in the crisis?

2

Comments

  • ColdIron
    ColdIron Posts: 10,332 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    Quaffa wrote: »
    And Barclays are crooks over the LIBOR rate fixing affair.

    Barclays were far from alone in this, they are just the first ones to come clean about it, you may want to strike HSBC and RBS from your list by this metric
  • ColdIron
    ColdIron Posts: 10,332 Forumite
    Part of the Furniture 10,000 Posts Hung up my suit! Name Dropper
    danielson81 wrote: »
    Metrobank?
    I quite Metro Bank but they didn't get their license until March 2010 so wouldn't qualify under the terms set by the OP
  • System
    System Posts: 178,433 Community Admin
    10,000 Posts Photogenic Name Dropper
    I don't particularly care but I would still call it bailed out.

    IIRC those governments got a preferential share setup etc from Barclays and would have taken over that basket case ABN AMRO if it wasn't for Fred the Shred.
    grumbler wrote: »
    Who cares? And I would call this 'raised money' from volunteer investors rather than 'were bailed out'.
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    As the saying goes: past performance is no guarantee to future performance.

    "Behaviour" would be very far down my list of criteria when selecting an account. I am not selecting a bank, just an account. I would never entrust all my financial affairs to one single bank, anyway.
  • rb10
    rb10 Posts: 6,334 Forumite
    It looks as though the OP is really after a building society.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    rb10 wrote: »
    It looks as though the OP is really after a building society.
    There's a fair few of those tarnished by The Credit Crunch and bad lending. Or bailing out the failures ...
  • CleanShirt
    CleanShirt Posts: 56 Forumite
    ..................
  • rb10
    rb10 Posts: 6,334 Forumite
    opinions4u wrote: »
    There's a fair few of those tarnished by The Credit Crunch and bad lending. Or bailing out the failures ...

    The requirement was 'behaved best'.

    I would class the building societies making poor lending decisions, or bailing out those that made poor lending decisions, as having better (well, less bad) behaviour than the banks fixing Libor and assisting money-launderers.
  • macman
    macman Posts: 53,129 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Among the Building Societies, I would possibly suggest Nationwide, although both their CS and their online systems do leave much to be desired.
    No free lunch, and no free laptop ;)
  • pinkdalek
    pinkdalek Posts: 1,355 Forumite
    Part of the Furniture 1,000 Posts
    Bank Of England seemed to do ok..........thankfully they haven't needed to be bailed out! :D

    It depends on your perception of banks. If you are just referring to the high street branches, then as standalone businesses they all traditionally perform well, making profit each year. It was the investment banking that caused the problems.
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