Of Special Interest
- Financial wellness affects half of peoples’ mental or physical health, finds report
- Study finds traditional financial institutions embrace Fintech disruption
- Grass is greener for environmentally friendly businesses, finds Barclays
- Prospective homeowners would consider a 40-year mortgage to escape renting, finds Santander
- Millennials’ needs are changing the face of banking industry, says new report
- FS is putting consumer data at risk by failing to protect mobile apps, says Arxan
- A lack of belief in their ability holds 28% women back in work, says Cambridge & Counties
- ‘Which?’ reveals Scotland has lost over a third of its bank branches in eight years
- Next downturn unlikely to be as bad as 2008, according to S&P
- FCA reveals findings from first cryptoassets consumer research
- US consumers favour single mobile app for banking and payments
- Banks suffering major IT shutdowns every day, ‘Which?’ reveals
- The US will be a key offshore centre in 2019, says GlobalData
- Debit industry changes markedly in 10 years of the Debit Issuer Study
- UK's ‘Big Five’ face ‘too big to compete’ as small challengers secure stellar returns
- Banks as vulnerable now as before crash, says new study
- Leverage ratio a constant conundrum for European and US banks, says SNL
13th December 2011
NBNK may bid for Yorkshire & Clydesdale
The Financial Times suggests that if NBNK is not successful in its bid for the Lloyds Banking branches for sale it may instead bid for the Yorkshire and Clydesdale Banks owned by National Australia Bank(NAB).
Like many organisations National Australia believes there is little point in staying in a market with only a small market share which is not increasing by any significant amount. After stating that this case applied to Yorkshire and Clydesdale banks the bank has partially backtracked on this in public saying there are no current plans for the sale.
It is also understood to be the case that NAB and NBNK after both recording interest in the Lloyds branches considered a joint bid for the assets however NAB decided ultimately not to proceed with this plan.
[See also Newslink: NBNK said to have improved Lloyds branches bid ]