I have long previously decided that the sole purpose of most financial institutions is to rip off the public. However, a residual sense of romance allows me to toy with the idea that although the senior management are filth there are staff who do not share the corporate view.
I opened a current account with Halifax plc about twenty-six years ago and was really impressed at how efficient it was. There came a phase getting on for ten years ago when the admin got into a bit of a muddle. I was really impressed by the single-minded efforts of the management to bring problems under control. I was granted a £10,000 overdraft facility and accepted it given that the interest charged on the account seemed fair compensation for the turnover I put through.
by Victor Hill | Equities |13 mins. to read British banks like Barclays have destroyed shareholder value in recent years. Now they face the risk of Brexit. So why are the big boys piling in?
by James Faulkner |6 mins. to read James Faulkner interviews Scott Grant, director and co-founder of London South East, the UK's leading web portal for private investors.
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