MBNA to exit UK market

Money, investing, mutuals etc

Re: MBNA to exit UK market

Postby planteria » Sun Jan 22, 2012 11:05 pm

from Citywire email today:

"The Sunday Telegraph: Virgin Money is in pole position to buy a key part of MBNA's UK and Irish credit card business after a joint approach by Goldman Sachs and Apollo Management for the whole business appeared to have fallen by the wayside. "
planteria
 
Posts: 4522
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 296 times
Been thanked: 1098 times

Re: MBNA to exit UK market

Postby superman » Sun Jan 22, 2012 11:38 pm

Virgin money are buying up leftovers and I'm sure they can make them profitable. Everything Richard touches turns to gold.
superman
 
Posts: 6995
Joined: Wed Mar 23, 2011 10:07 pm
Has thanked: 282 times
Been thanked: 367 times

Re: MBNA to exit UK market

Postby anthonyh » Mon Jan 23, 2012 7:46 am

superman wrote:Everything Richard touches turns to gold.


Really? He must have had one or two unsuccessful ventures, although I can't think of any.
anthonyh
 
Posts: 1433
Joined: Tue Jan 11, 2011 8:58 am
Location: Rural Warwickshire
Has thanked: 1349 times
Been thanked: 716 times
Sharing: *

Re: MBNA to exit UK market

Postby Eurovisionfan » Mon Jan 23, 2012 8:08 am

Just seen Virgin's advert about how they've changed things for the better, and now they're going to do the same with banks. Apparently...
Eurovisionfan
 
Posts: 517
Joined: Tue Jun 21, 2011 8:28 am
Has thanked: 437 times
Been thanked: 953 times

Re: MBNA to exit UK market

Postby William Joseph » Mon Jan 23, 2012 9:55 am

Eurovisionfan wrote:Just seen Virgin's advert about how they've changed things for the better, and now they're going to do the same with banks. Apparently...


Did I see something somewhere that they are going to charge for the privilege of having an account with them? Is that for the better?
If you like a persons post, then be polite and use the thanks system to say thank you. Click on the thumbs up in the relevant post.
William Joseph
 
Posts: 8179
Joined: Tue Jun 29, 2010 7:14 pm
Location: The Isle of Dreams
Has thanked: 3743 times
Been thanked: 6179 times

Re: MBNA to exit UK market

Postby planteria » Mon Jan 23, 2012 10:05 am

"....although I can't think of any"

VirginCola?
planteria
 
Posts: 4522
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 296 times
Been thanked: 1098 times

Re: MBNA to exit UK market

Postby Kalpesh » Mon Jan 23, 2012 12:46 pm

Do they still sell Virgin cola?
Kalpesh
 
Posts: 335
Joined: Tue Sep 20, 2011 11:29 pm
Has thanked: 108 times
Been thanked: 67 times

Re: MBNA to exit UK market

Postby planteria » Mon Jan 23, 2012 12:53 pm

i dont think so
planteria
 
Posts: 4522
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 296 times
Been thanked: 1098 times

Re: MBNA to exit UK market

Postby planteria » Fri Oct 07, 2016 8:11 pm

this didn't transpire, thankfully :angel:
planteria
 
Posts: 4522
Joined: Tue Nov 23, 2010 4:52 pm
Location: Going down the Wednesbury Road
Has thanked: 296 times
Been thanked: 1098 times

Re: MBNA to exit UK market

Postby anthonyh » Sat Oct 08, 2016 9:26 am

anthonyh wrote:Really? He must have had one or two unsuccessful ventures, although I can't think of any.


Answering my own post from years ago....

https://www.virgin.com/entrepreneur/six ... rgin-fails

Must have more time these days!
anthonyh
 
Posts: 1433
Joined: Tue Jan 11, 2011 8:58 am
Location: Rural Warwickshire
Has thanked: 1349 times
Been thanked: 716 times
Sharing: *

PreviousNext

Return to Finance & property

Who is online

Users browsing this forum: Majestic-12 [Bot] and 2 guests