Tuesday, August 30, 2011

Yorkshire Building Society (YBS) to buy the savings and mortgage business of Egg

Yorkshire Building Society (YBS) will buy the savings and mortgage business of Egg from its current owner Citigroup.

Egg Banking plc was launched in 1998 by Prudential and acquired by Citigroup Inc in 2007.

The Egg credit card business was sold to Barclays in April 2011.