Question:

If HBOS is bought over by the Spainsh bank will i get a payment as i have an account with them?

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If HBOS is bought over by the Spainsh bank will i get a payment as i have an account with them?

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4 ANSWERS


  1. no.you are not a shareholder.


  2. Um.....no.  Why should you?

  3. only if you have shares in HBOS

  4. No, it's not like when a building society is bought and 'demutualised'

    In building societies the depositors were the 'owners' (that's why it was called a 'share account') so they were entitled to a share of the proceeds from any sale.

    With banks you're just a customer, and you're no more entitled to anything than you would be if Tesco's bought the shop where you bought your weekly groceries.

    Sorry

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