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Virgin Money vastly increased its size and customer base in 2012 with the purchase of the so-called 'good bank' portion of the nationalised Northern Rock bank. In 2018, the entire UK operation of Virgin Money was sold to CYBG plc in a £1.7bn all-share deal which made the group the sixth-largest bank in the UK. [2]
A branch of the Northern Rock with Virgin Money branding on Briggate in Leeds. On 13 October 2007, Sir Richard Branson announced that Virgin Group were putting together a consortium of financiers to propose to plough millions into the troubled Northern Rock bank and in return take an approximate 30% stake in the business, bringing the current financial products offered by Virgin and combining ...
The Virgin Money bank has its headquarters in Jubilee House which is adjacent to, although not part of, Regent Centre. The Red Box Design Group were involved with the development of all of the (currently standing) buildings for the bank. The focal point of Regent Centre since 1965 [15] had been Northern Rock's old 7-storey building.
The building society completed its £2.9bn takeover of Virgin Money in October, making it the UK’s second largest mortgage and savings provider Bumper win for top female banker as Nationwide ...
HSBC, Lloyds Banking Group, TSB and the Co-operative Bank are among others to shut branches since the start of the pandemic. Virgin Money closures spark ‘serious concerns’ as UK bank branches ...
The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money), followed by Bradford & Bingley; Alliance & Leicester was acquired by Santander, who merged it into Santander UK.
Virgin Money may refer to: . Virgin Money (brand), a financial services brand owned by Virgin Group Virgin Money UK, a British banking and financial services company; Virgin Money Australia, an Australian banking and financial services company owned by the Bank of Queensland
You can request a money order at any of these locations: 1. Any Bank or Credit Union. ... Both have retail locations and can provide you with money orders as well as other ways to move money.