Help Sitemap Home Skip Navigation Contact Us Disability Statement


Britannia in merger talks

Premium Article !

Your account has been frozen. For your available options click the below button.

Options

Premium Article !

To read this article in full you must have registered and have a Premium Content Subscription with the Edinburgh Evening News site.

Subscribe

Registered Article !

To read this article in full you must be registered with the site.

Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image
Click on thumbnail to view image

Published Date: 13 October 2008
BRITANNIA today confirmed it is in talks with Co-Operative Financial Services over a possible future merger.
Britannia Building Society said the talks were at a very early stage and would cover a wide range of options.

The combined organisations would have around £70 billion of assets and six million customers. An anticipated House of Commons Bill will make it easier for different types of mutuals – building societies, co-operatives and friendly societies – to work together.

Britannia chief executive Neville Richardson said: "As two like-minded, forward-thinking and financially strong mutuals, we're talking with CFS about how we can work together to create an exciting proposition for our members."





The full article contains 114 words and appears in Edinburgh Evening News newspaper.
Page 1 of 1

  • Last Updated: 13 October 2008 9:46 AM
  • Source: Edinburgh Evening News
  • Location: Edinburgh
 
 

Comment on this Story

 

In order to post comments you must Register or Sign In

 
 
 
  

 
 


Sister Newspapers:
Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.