Since the credit squeeze and the near-collapse of Northern Rock, the reputation of banks is under close scrutiny. Overseas banks who have entered the British market over recent years include Nigerian-owned FirstSave, ICICI of India, Dutch-owned ING Direct, Icelandic-owned Landsbanki, Icelandic-owned Kaupthing Edge and Turkey’s Akbank. Many of the banks offer table-topping savings rates but [...]
Concerns over reputation of foreign banks
