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The £13 billion merger between Lloyds and TSB in 1995 is unlikely to be the last banking mega-deal of the decade: last week rumours circulated that NatWest is discussing a £25 billion link-up with Abbey National.Several banks, including NatWest and Royal Bank of Scotland, are keen to buy building societies in order to build market share without having to cut their margins too brutally.
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For the first time a number of "shotgun marriages" of societies have left building society "brands" in the marketplace, even though they are no longer building societies in their own right.
Ugandans suffered from the closure of various banks and building societies in the 90 s.
Exchange money at Building Societies in the UK.
"Building societies are in a different ball game.
There is no doubt that Britain's remaining building societies are in a much stronger position than many of our banks - particularly those that previously were building societies.
Banks and building societies have branches in the town centre.
We pray for all those working in building societies.
I invested money in building societies on the basis that the guarantee was £85,000.
We can expect more change in the building societies sector, too.
Compare that with current accounts in banks and building societies that now offer 3% or more.
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