Hardcore Uproar
06 Oct 2016
Kicking the can down the Spanish road www.ragingbullshit.com/2016/10/06/kicking-cans-down-long-empty-roads-spanish-style/
Market Guru
22 Sep 2016
Re: Santander offer to buy 'Williams & Glynn... Thankfully, they're unlikely to overpay for Williams & Glynn.Also an interesting summary from today's Telegraph on what the future holds for Williams & Glynn and therefore, RBS....(see below)[link]
Market Guru
22 Sep 2016
Re: Proposed name change what nonsense....!?!?!
shabby 2 sox
22 Sep 2016
Re: Proposed name change Oops wrong
shabby 2 sox
22 Sep 2016
Proposed name change Boo Hoo may want to change their name to Yah Hoo!I recall posters hoping for 60p not that long ago. The results will need to be sparkling to hold current prices. But likely to be a good opportunity to top up if they fall back.
II Editor
19 Aug 2016
NEW ARTICLE: Is the Santander 123 interest rate cut good news for the bank’s shareholders? "Santander (LSE:BNC) has halved the interest rate on its wildly popular 123 savings account, sending several million UK savers into despair. But will the rate cut be better received by Santander shareholders? Owain Bennallack owns shares ..."[link]
batteryman15
18 Aug 2016
Re: Santandar 123 interest drop. Rosycheeks.Good points. Me and the wife already do like you with three123 accounts (but the joint one is not maxed out as yet), and I already have enough Santandar shares and other shares as one of my more "risky" investments.If you know of anywhere secure that will give more than 1.5% interest that is capital safe, even if it is in a 2 or 3 year bond I would be interested in knowing? Struggling to find anywhere to stash the cash at the moment. Looking at spending it or buying another property to leave the children when we are gone.
Rosycheeks
18 Aug 2016
Re: Santandar 123 interest drop. Putting the monthly charge up to £5 was a blow but with approximately £50 a month interest on £20,000, tolerable, now they are really putting the boot in, reducing the interest rate to 1.5%. This move will cost me almost a grand a year as between me and the wife we have three 123 accounts all maxed out. I will seriously be looking for somewhere else to keep my cash but with so much relying on direct debits it will not be easy. For many clients with lower cash balances there are several banks offering better interest rates and these clients should move their accounts pronto. The suggestion to buy Santander shares is viable as they are approaching bargain basement level, but capital is at risk.
Eagerbeaver66
16 Aug 2016
Re: Santandar 123 interest drop. - You could always buy their shares instead, which yield about 5% !
batteryman15
15 Aug 2016
Santandar 123 interest drop. Santander has reduced it interest (as of November) from 3% to 1.5 % even though interest rates have only dropped by 0.25%.I bet they don't put it back up again to 3% when the interest rates eventually go up again.Typical - reel them in - change the interest rates and hope account holders can't be bothered to switch accounts.Pity that 1.5% is still better than most banks for a £20K deposit! Most others only offer better interest on far smaller amounts so hardly worth the hassel! Santander should drop the £5 charge they recently introduced!Come on Halifax, Lloyds, Barclays and the rest. Step you game up and challenge Santander and I will switch to you!
Market Guru
02 Aug 2016
Santander offer to buy 'Williams & Glynn' Hence the share price going down by 5% plus.......are they 'overpaying' again????Santander UK has put forward a bid to buy what would be RBS' Williams & Glyn unit, Sky News has reported.RBS was instructed to sell the Williams & Glyn unit, which is more than 300 branches strong, by the end of 2017, as part of its £45bn state bailout deal. However, the bank warned in April that it might not make this deadline. Sources also told Sky the deal was still tentative and it was not certain it would go ahead. The deal is also unlikely to be formalised by the end of the week.RBS is due to report half-year results on Friday, where many investors will likely be anxious to hear about the progress being made on the sale of the unit. Shares in RBS spiked on the news, but are down 1.3 per cent today. The bank declined to comment.A statement from Santander read: "While our focus is organic growth, we will continue to analyse opportunities in our core 10 markets where they add value and benefit to our customers and shareholders."That said, we do not comment on rumours or market speculation."This is not the first time Spanish lender Santander has expressed an interest in RBS' branches, with a failed attempt in 2012, nicknamed Project Rainbow, falling through due to IT issues.The news comes less than a week after Lloyds Banking Group revealed it would be closing the doors on a further 200 of its branches, thanks to a decline in footfall and concerns that a further cut in interest rates could place further strain on the bank's financials.
infra-penny
01 Aug 2016
Stress Test In the adverse scenario, is that now a fail???
abeetle
26 Jul 2016
Re: is it a glitch It has done the same several times today - looking at Google finance.
bobrob1
18 Jul 2016
Re: is it a glitch Never mind it has been corrected. Only down 2p instead of 54.
bobrob1
18 Jul 2016
is it a glitch Was looking at this a short time before the close and it was up a fraction. Post close it has dropped almost 17%, is this a iii glitch or is the bottom about to fall out?
