Summary
NO one can deny that the 485,000 members of Derbyshire Building Society will be better off once the mighty Nationwide gets the green light to absorb the ailing mutual later this year.
Yet the way this deal is being allowed to progress, at the behest of an anxious regulator, does little to promote the membership virtues of the building society sector.See the full content of this document
Extract
Fsa Charade Treats Savers with Disdain
It is in terminal decline with the recent demise of Catholic (consumed by Chelsea), Cheshire (also about to be swallowed by Nationwide) and Barnsley (to be taken over by Yorkshire - see Page 79).
Then th...See the full content of this document
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