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Article: United Kingdom : Branson May Bid for RBS, Lloyds, Northern Rock Assets.
- Article from:
- TendersInfo
- Article date:
- November 3, 2009
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Byline: rakshali03
Billionaire Richard Branson said he will be interested in looking at U.K. bank assets that may be up for sale as he creates Virgin Bank next year.
The big banks have let the consumers down, Branson told reporters in Milan today. He plans to test the business in the U.K. before expanding abroad, he said.
Breaking up Royal Bank of Scotland Group Plc, Lloyds Banking Group Plc and Northern Rock Plc will help create three new banks by 2013 and boost competition, Chancellor of the Exchequer Alistair Darling said yesterday in an interview with the British Broadcasting Corp. The European Union is forcing banks that took state money ...