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:
“For the wrong that needs resistance,
For the future in the distance,
And the good that I can do.”
—George Linnaeus Banks (1821–1881)
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