The prominent retail bank has been approached in the last fortnight about a takeover bid spearheaded by the private equity firm Pollen Street Capital, Sky News learns.
  • Nighed@feddit.ukEnglish
    1·
    1 day ago

    I still can’t believe how bad their tech stack is/was for a brand new bank. I remember when I first joined they didn’t have 2fa!

    Their only competitive edge is their opening hours.

    Edit, why was this posted this in this sub - anyone here planning on buying a bank?

    • huppakee@feddit.nl
      2·
      1 day ago

      Would make sense if it is bought by a non-eu company, so you could switch to a eu product but as i understand the (potential) buyer is British as well.