Here’s what’s been going on in the world of personal finance and money today:
From Money Watch:
- Bradford & Bingley To Be Nationalised – Yesterday we wrote how Bradford & Bingley appeared to be on the verge of going bust, and it seems that the Treasury are indeed now working towards a part-private sale part-nationalisation of the UK’s 8th largest bank.
- Santander “To Acquire Bradford & Bingley” – Further to the news that Bradford & Bingley is to be partly nationalised and partly sold off to the private sector, it looks as if Spanish banking giant Santander is likely to acquire of B&B’s savings business.
From around the web:
- Santander ‘likely’ to acquire B&B – More on the nationalisation and sell-off of Bradford & Bingley.
- Fortis in rescue talks – Could Fortis be the next big insurer to go bump?
- B&B: end of an era – A look at how building society demutualisation has largely failed.
- 40 Money Tips for College Students – Money tips for students.
- Treasury to nationalise B&B bank – The rumours were true – Bradford & Bingley will be taken over by the Government.