We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Blushing bride

8 May 2018 By Christopher Thompson

Mid-sized CYBG has approached rival Virgin Money about a 1.6 bln pound all-share deal. The tie-up would enable the pair to more effectively challenge bigger banks. Even assuming modest cost savings, major shareholder Richard Branson can afford to hold out for a higher price.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)