Co-op bank for sale

bigadaj

john2054 wrote: »

I'm thinking about starting a current account with Barclays. I have recently opened a £1700 cc with them, so am confident i will be accepted, for the current account....

....why....?

JuicyJesus

Melissa332 wrote: »

I have banked with Co-op since I went through a bankruptcy in 2011

I'm pleased to hear it.

john2054

so i can switch my direct debits over

ChaunceyGardiner

Melissa332 wrote: »

I have banked with Co-op since I went through a bankruptcy in 2011

Me too. I'm not sure anyone else would take me on.

Thrugelmir

With the Co-op group writing down it's stake to zero value. Sounds as if plan B is being put into place. An orderly wind down by the BOE if a suitable buyer cannot be sought.

realaledrinker

Thrugelmir wrote: »

With the Co-op group writing down it's stake to zero value. Sounds as if plan B is being put into place.

Not really, just cleaning the !!!!! from the stable after the horse has long since bolted.

System

It appears that Virgin Money are one of the front runners.

I hope they don't prevail as their current account offering and Internet banking is like something from the 90s

System

realaledrinker wrote: »

Not really, just cleaning the !!!!! from the stable after the horse has long since bolted.

Totally, the chances of a wind down are slim - it will be sold (more or less) whole or in tranches.

teddysmum

Heng_Leng wrote: »

It appears that Virgin Money are one of the front runners.

I hope they don't prevail as their current account offering and Internet banking is like something from the 90s

Saver offers are pathetic, too.

JuicyJesus

Heng_Leng wrote: »

It appears that Virgin Money are one of the front runners.

I hope they don't prevail as their current account offering and Internet banking is like something from the 90s

My guess would be that the Co-op's current account offerings would become the Virgin Money ones as they're far more sophisticated.

And it's not like the Co-op's internet banking is particularly modern and featureful as it is!