CYBG buys Virgin Money in shake-up of UK banking

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CYBG buys Virgin Money in shake-up of UK banking

Mike Turner
June 18, 2018 02:15 PM
VirginMoney_PA_230x150

CYBG has agreed to buy Virgin Money for £1.7bn, paving the way for a new major challenger bank on the UK high street. The combined bank will be strong in mortgages but have only £7.6bn of corporate and SME loans.

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Macquarie GroupDeutsche BankSyndicated LoansMorgan StanleyUKEuropeEMEAGoldman Sachs
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Mike Turner
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