Participating Banks
The plan is open to all UK incorporated banks and all building societies, including the following:
- Abbey
- Barclays plc
- Clydesdale Bank
- HBOS
- HSBC / HSBC Group
- Lloyds TSB
- Nationwide Building Society
- Royal Bank of Scotland / Royal Bank of Scotland Group
- Standard Chartered Bank
However, of these, Abbey, Barclays, Clydesdale, HSBC, Nationwide, and Standard Chartered have chosen not to receive any government money, leaving Lloyds and RBS as the only major recipients.
Read more about this topic: 2008 United Kingdom Bank Rescue Package
Famous quotes containing the word banks:
“The world is a puzzling place today. All these banks sending us credit cards, with our names on them. Well, we didn’t order any credit cards! We don’t spend what we don’t have. So we just cut them in half and throw them out, just as soon as we open them in the mail. Imagine a bank sending credit cards to two ladies over a hundred years old! What are those folks thinking?”
—Sarah Louise Delany (b. 1889)