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Virgin Group and others. Website. www .virginmoney .com. Virgin Money is a financial services brand used by two independent brand-licensees worldwide from the Virgin Group. Virgin Money branded services are currently available in Australia and the United Kingdom. The brand formerly operated in South Africa and the United States.
Virgin Money is a banking and financial services brand operating in the United Kingdom as a trading name of Clydesdale Bank plc . The Virgin Money brand was founded by Richard Branson in March 1995. It was originally known as Virgin Direct, and pioneered index tracking by launching a value personal equity plan into the market.
The proposed merger between Nationwide and Virgin Money is to be investigated by the UK's competition watchdog. The country's biggest building society announced the £2.9bn deal with its smaller ...
Virgin Money was then bought by the Clydesdale and Yorkshire bank group CYBG in 2018, but the group was rebranded under the Virgin name. Virgin Money is now the UK's sixth largest retail bank with ...
Virgin Money UK plc, previously known as CYBG plc, is a holding company that owns Clydesdale Bank plc, which in turn trades as Clydesdale Bank, Yorkshire Bank and Virgin Money in the United Kingdom. It was formed as CYBG plc by National Australia Bank (NAB) in February 2016, in advance of the divestment of its UK business through a stock market ...
The proposed deal will create a combined group with around 24.5 million customers, more than 25,000 staff and nearly 700 branches.
Virgin Money said it would need to cut costs by £200 million a year, up from £175 million previously, to pay for the plans through “further strategic rationalisation of our real estate ...
The combined business now operates under the Virgin Money brand. On 12 October 2012 Northern Rock plc was renamed Virgin Money plc, and Virgin Money Limited was renamed Northern Rock Limited. By this time the Northern Rock website had effectively become a 'soft redirect' to Virgin Money's website. 2007 crisis and nationalisation