Quote:
Originally Posted by WillowTheWhisp
I had a feeling you would say that - but have you considered what these 'British banks' do with the money invested in them? 
Also, what happens when a British bank is taken over by an international bank? (HSBC for instance) should all the account holders have closed their accounts and transferred elsewhere? |
Yes, HSBC account holders should have moved banks. Without doubt and I am one who through complacency and lack of time hasnt. I now cant talk to anyone in my own language and have an account manager who tells me that the people at the end of the phone in Malaysia have more authority than he has!
As soon as all this business sorts itself out I am moving accounts
A British bank has to be defined as one who has most of its employees based in the UK. It is time we all started asking a lot more questions about our banks.