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Tesco asks Goldman Sachs to find buyers for banking business

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Comments

  • flo22
    flo22 Posts: 366 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    They have had Woolwich, ING and Standard Life takeovers so they have had practice
    30+ years working in banking
  • MACKEM99
    MACKEM99 Posts: 1,225 Forumite
    Sixth Anniversary 1,000 Posts Name Dropper
    edited 9 February 2024 at 12:10PM
    Oh dear I  quite like Tesco bank it is very easy to deal with.
  • WillPS
    WillPS Posts: 5,504 Forumite
    Part of the Furniture 1,000 Posts Newshound! Name Dropper
    flo22 said:
    They have had Woolwich, ING and Standard Life takeovers so they have had practice
    Also Egg credit cards, Monument - sure there was another major one they took over around the global financial crisis.

    Interesting opportunity for anyone who has been frustrated by the '1 Barclaycard per customer' limit, presuming they'll in time merge Tesco Bank's credit card portfolio in to their core Barclaycard system.

    I've just applied for a Tesco Bank balance transfer card for this reason - seem to have delisted TCB but still £20 cashback for doing so via Quidco.
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