Rat and Mouse
Wed
02
Dec
Building society merger chatter

Like the idea of a mutually-owned mortgage lender big enough to rival Nationwide? There's chatter about The Yorkshire (second largest in the UK) and The Cheslea (the fifth) merging into a super-mutual with two million, seven hundred thousand members. The Chelsea needs the deal the most, after getting into hot water with two failed Icelandic banks. Watch this space.

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