Big banks hit at competitors
Article Abstract:
British banks are to charge for usage of their ATM networks by non-bank customers. This could create problems for Egg and other e-banks, and building societies, which rely on the main banks' ATM networks. Meanwhile, the government is investigating the banking industry. Banking investigator, Don Cruickshank, is concerned that ATM charges could mean pressure on customers to move to other banks so as not to have to pay ATM charges. HSBC's Michael Lever argues that big banks subsidise rivals if they do not charge their rivals' customers.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Online banks off target
Article Abstract:
Online banking is causing some problems for British banks, some of which are technical. There is also strong competition in this market, and banks are using new names which they are having to advertise, rather than established brand names.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Banks
Article Abstract:
Factors affecting British banks, including increased competition, are examined in detail.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: BA cuts costs to combat increased competition. Airlines win on two fronts. The cost of Concorde
- Abstracts: Going Japanese two by two. Land of the rising index. Japan's rising yen
- Abstracts: B2B2C: businesses help businesses reach consumers online. BlueLight.com maintains free Internet service. BPI (re)makes history with museum replicas
- Abstracts: Cantab Pharmaceuticals. Merck and Co
- Abstracts: Cracking new companies. Who dares wins. They might be giants