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Is It Time To Abandon The Co-op Bank?
Comments
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TSB exists because Lloyds TSB Scotland had a change of name.GingerFurball wrote: »Yeah, no.
The reason the TSB exists is because the Co-op had a £1.5bn hole in their finances.This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
TSB exists because Lloyds TSB Scotland had a change of name.
Because the branch network that now form the TSB should have been sold to the Co-op, until the Co-op noticed £1.5bn missing from their accounts.DEBT FREE!
Debt free by Xmas 2014: £3555.67/£4805.67 (73.99%)
Debt free by Xmas 2015: £1250/£1250 (100.00%)0 -
GingerFurball wrote: »Because the branch network that now form the TSB should have been sold to the Co-op, until the Co-op noticed £1.5bn missing from their accounts.
It was always planned to change its name to TSB even if the sale went ahead. I don't think there was a timescale to turn it all to coop, if they decided to take that route.0
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