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.
📨 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!
New First Direct Logo
Comments
-
What is the point? They could have spent time and money on improving other aspects of their service. Like employing extra customer service people or improving online and apps. Or even giving better interest rates!1
-
Only FD are within the HSBC group. But use some of their own systems & HSBC systems/back office. (Notice how you can't find FD figures anywhere, as they are not separated in any public figures for HSBC)block10 said:Why does HSBC need all of these brands - FD, M&S Bank, John Lewis Financial Services as well as HSBC
M&S have their own banking licence, just use HSBC systems and back office.
John Lewis again just use HSBC systems & back office.
TBH. FD would be better off with a CEO that had some bottle to look to hook up with one of the new kids on the block & ditch HSBC.Life in the slow lane0 -
But they are owned by HSBC so only a sale would make that happen surelyborn_again said:
Only FD are within the HSBC group. But use some of their own systems & HSBC systems/back office. (Notice how you can't find FD figures anywhere, as they are not separated in any public figures for HSBC)block10 said:Why does HSBC need all of these brands - FD, M&S Bank, John Lewis Financial Services as well as HSBC
M&S have their own banking licence, just use HSBC systems and back office.
John Lewis again just use HSBC systems & back office.
TBH. FD would be better off with a CEO that had some bottle to look to hook up with one of the new kids on the block & ditch HSBC.0 -
The story is a little more complex in case of M&S:born_again said:
Only FD are within the HSBC group. But use some of their own systems & HSBC systems/back office. (Notice how you can't find FD figures anywhere, as they are not separated in any public figures for HSBC)block10 said:Why does HSBC need all of these brands - FD, M&S Bank, John Lewis Financial Services as well as HSBC
M&S have their own banking licence, just use HSBC systems and back office.
John Lewis again just use HSBC systems & back office.
TBH. FD would be better off with a CEO that had some bottle to look to hook up with one of the new kids on the block & ditch HSBC.M&S Bank is part of the HSBC Group. Marks & Spencer is a registered trademark of Marks and Spencer plc and is used under licence.
2 -
FD is just a division (brand) of HSBC Bank UK not a distinct entity.block10 said:
The story is a little more complex in case of M&S:born_again said:
Only FD are within the HSBC group. But use some of their own systems & HSBC systems/back office. (Notice how you can't find FD figures anywhere, as they are not separated in any public figures for HSBC)block10 said:Why does HSBC need all of these brands - FD, M&S Bank, John Lewis Financial Services as well as HSBC
M&S have their own banking licence, just use HSBC systems and back office.
John Lewis again just use HSBC systems & back office.
TBH. FD would be better off with a CEO that had some bottle to look to hook up with one of the new kids on the block & ditch HSBC.M&S Bank is part of the HSBC Group. Marks & Spencer is a registered trademark of Marks and Spencer plc and is used under licence.
M&S Bank and John Lewis Bank are not part of HSBC Bank UK but are all part of the HSBC group.2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.4K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards