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by Essex123
Mon Apr 26 2021 9:35pm
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Monmouthshire happenings

Greetings all.

A curious announcement on the Monmouthshire website about early closing on Wednesday to brief staff on some important information about the future of the society...

https://www.monbs.com/blog/early-closure-280421/

One to keep an eye on..
by Essex123
Tue Apr 27 2021 9:06pm
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Re: Monmouthshire happenings

Someone asked earlier on Twitter about a Principality merger and they have literally just replied throwing cold water over any M&A.

So country show sponsorship it is!
by Essex123
Tue Apr 27 2021 9:00pm
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Re: Monmouthshire happenings

It certainly sounds interesting. Some observations: 1) their financial year end is this Friday - 30th April 2) last year they reported a loss, and on an underlying basis a very small profit of £0.2m on assets of £1.25bn. 3) their gross capital ratio last year was 5.28%. I’m not sure I recall seeing ...
by Essex123
Mon Nov 08 2021 10:34pm
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Re: LV

Voting packs are in the post!

https://www.lv.com/about-us/press/lv-pu ... -vote-pack

Flat rate payments of £100 are order of the day.

The biggest chunk of the acquisition price seems to be going to support their own DB pension fund though?
by Essex123
Thu Oct 20 2022 9:42pm
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Manchester in exclusive talks with Newcastle

Some old news from August: https://www.themanchester.co.uk/downloads/main/mbs-announcement-08-08.pdf No mention of any merger payout I’m afraid. Manchester has been in a precarious position for a number of years - essentially closed for new business due to their capital position. They won their long...