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TSB takeover approach

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  • Of all the banks that could have bought TSB, Sabadell is probably the best. It is the only one in Spain known for keeping the account conditions after a takeover. :)
  • keiran
    keiran Posts: 770 Forumite
    Part of the Furniture 500 Posts
    Got the princely sum of £129.20 in my nominee account today for the cash equivalent of the bonus shares
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    good for you..it all helps:T

    it will be interesting to see how TSB operates going forwards. i recently opened an account, and i have been told this week that my branch "will probably close next year". they already leave it closed quite regularly, as there is another branch nearby. the fit out will have cost a lot of money, so it seems a shame to me, ala Santander, who kitted out two branches near to where i live that were only 3 doors apart:undecided
  • Paul_1977
    Paul_1977 Posts: 992 Forumite
    My local strip of shops has lost two banks in the last five years.

    Its only Santander and TSB left, both Spanish, the British banks have abandoned the locals, ironic.
  • EarthBoy
    EarthBoy Posts: 3,213 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    TSB have already announced some branch closures:

    http://www.mirror.co.uk/money/tsb-branches-closing-which-ones-5606876

    They might be closed by now.
  • planteria
    planteria Posts: 5,322 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i think we are going to see fewer & fewer branches over the coming years. but most decent sized town centres still have at least one branch of all of the major high street banks.
    NAB:Yorkshire/Clydesdale at the only bank that isn't represented in the two main town centres that i use.
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