The Bankwatch

Tracking the consumer evolution of financial services

Virgin plans internet bank in UK

Things are beginning to happen.

Branson plans launch of Virgin internet bank | Observer [hat tip Finextra]

Richard Branson is to launch an internet bank in a move designed to exploit public disgust with Britain’s big banks in the wake of the credit crunch.

Branson follows Tesco, which is also planning to capitalise on disenchantment with traditional banking via a big push into financial services.

Written by Colin Henderson

May 18, 2009 at 22:36

Posted in Direct Banks

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