27/01/2017  · UK bank and building society overview: who owns who? Last updated on 27 January 2017. Many UK banks and building societies are linked, and it pays to know how. Under the financial services compensation scheme , for example, savers can get their money back if their bank goes bust. But coverage is limited to £85,000 per person, per licensed financial provider. …

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***** Britannia Building Society is a trading name used by The Co-operative Bank plc. ***** Northern Rock was purchased by Virgin Money and all accounts rebranded as Virgin Money. ***** Barnsley Building Society is a trading name of Yorkshire Building Society. Chelsea Building Society and Yorkshire Building Society merged on April 1, 2010 …

The writer chairs the UK’s independent review of bank ringfencing and proprietary trading. The 2008 financial crisis has …

A building society is a financial institution owned by its members as a mutual organization. building societies offer banking and related financial services, especially savings and mortgage lending. Building societies exist in the United Kingdom, Australia and New Zealand, and used to exist in Ireland and several Commonwealth countries. They are similar to credit unions in …

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Find out who owns your bank . The past few years have seen Lloyds take over HBOS, The Co-operative Bank merge with Britannia, and Santander buy Abbey, Bradford & Bingley and Alliance & Leicester, so you should check to see which financial institution your money is saved with. Use our ‘who owns who’ tool to see how much cover you’d get. 2. Stay within the £85,000 FSCS limit . If …