The demise of Bradford & Bingley is the final nail in the coffin of demutalisation.
Abbey National Building Society
Jul 1989 - Demutalised
Dec 2004 - Taken over by Santander
Alliance & Leicester Building Society
Apr 1997 - Demutalised
Sep 2008 - Shareholders agree to be taken over by Santander
Birmingham Midshires Building Society
Apr 1999 - Demtualised and taken over by Halifax, now part of Lloyds TSB.
Bradford & Bingley Building Society
Dec 2000 - Demutalised
Sep 2008 - Part taken over by Santander, the rest nationalised
Bristol & West Building Society
Jul 1997 - Taken over by Bank of Ireland
Cheltenham & Gloucester Building Society
Aug 1995 - Demtualised and taken over by Lloyds, now part of Lloyds TSB.
Halifax Building Society
Jun 1997 - Demtualised
Sep 2008 - Taken over by Lloyds TSB
National & Provinicial Building Society
Aug 1996 - Demtualised and taken over by Abbey National, now part of Santander.
Northern Rock Building Society
Oct 1997 - Demutalised
Deb 2008 - Nationalised
Woolwich Building Society
Jul 1997 - Demutalised
Oct 2000 - Taken over by Barclays
The British retail banking sector is now firmly in the hands of the High Street Cartel: Barclays, HSBC, Lloyds TSB, RBS and Santander.
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