"What does Virgin Money do for mortgage
originators like me?
"We give you products to sell — competitive
mortgages made attractive with a brand that US borrowers see as fresh, honest
and innovative. Sounds good in these times. We can also do your
A great time to open up a new operation, as many P2P Social Lending sites will testify right now.
Equally, in the UK, there are many new bank or banking related launches:
- several new council (local government) operated banks;
- the new Cambridge Bank; Metro Bank launching later this year;
- a fully-fledged Tesco Bank;
- the mobile banking service, MoBank;
- the "People's Bank" from the Post Office;
With traditional banks on the ropes, what better time to launch and hit them a sucker punch?
p.s. thanks to Neil Burton for assisting with the list of new UK banks