Yorkshire Building Society has announced that it has entered into an agreement with Egg Banking plc to acquire its mortgage and savings business.
Iain Cornish, Chief Executive of Yorkshire Building Society, said the company is looking forward to welcoming Egg’s mortgage and savings customers to the Yorkshire. Continuing to provide them with the outstanding service, administration

Barclays Bank PLC has agreed to acquire Egg’s UK credit card assets. Under the terms of the transaction, Barclays will purchase Egg’s UK credit card accounts, consisting of approximately 1.15 million credit card accounts with approximately £2.3 billion of gross receivables, stated a press release.
This acquisition reinforces Barclays Global Retail Banking’s strategic ambition to achieve

There has been increasing conjecture in the Spanish press over Santander UK’s plans for a London Listing. The Spanish Bank is speculated to be mulling an initial public offering (IPO) in the London bourse pegged at about £20 billion for its UK business. The move comes as an effort targeted at raising additional cash reserves

Reports emerged last week that the Royal Bank of Scotland (RBS) had gone into talks that could see it sell its business, WorldPay. According to the reports, the bank is believed to have gone into talks with Advent International and Bain Capital over the sale of its renowned money processing arm, WorldPay. The company went

Spanish banking giant Santander is mulling a possible listing in the London Stock Exchange to raise about £3 billion capital. Reports have emerged that the bank could list its UK banking business to raise the capital for further investments. It is thought that Santander is considering a listing of about 20% of its UK banking