We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
LLoyd's branch sale collapses
Comments
-
[QUOTE=Thrugelmir;60875289
Cross selling is a thing of the past. The downside for borrowers will be higher costs of borrowing and eventuality the demise of the free current account model.[/QUOTE]
I doubt cross selling will ever fall away entirely , just that the products will be core items.
I'm not going to hold my breath on the loss of free basic accounts either it has been on the cards for the last 30 odd years.
I can see continued point of service closures & rationalisation."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Have you heard something about HSBC?Thrugelmir wrote: »Santander, Barclays, Lloyds, RBS, Nationwide, TSB (Lloyds spin off), Williams & Glyns (RBS spin off)?"It will take, five, 10, 15 years to get back to where we need to be. But it's no longer the individual banks that are in the wrong, it's the banking industry as a whole." - Steven Cooper, head of personal and business banking at Barclays, talking to Martin Lewis0 -
grizzly1911 wrote: »I doubt cross selling will ever fall away entirely , just that the products will be core items.
Retail banks have a very limited core business with which to make money.
Others are better suited to investment management, insurance and pensions.
Capital requirements for insurance companies are under review as well. So the impact is being felt far wider than just the banks.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.2K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.3K Spending & Discounts
- 247.2K Work, Benefits & Business
- 603.8K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards