Tesco asks Goldman Sachs to find buyers for banking business

boingy

Interesting stuff. Let's hope Barclays are better at takeovers than they are at switching offers.

flo22

They have had Woolwich, ING and Standard Life takeovers so they have had practice

MACKEM99

Oh dear I  quite like Tesco bank it is very easy to deal with.

WillPS

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.