State-owned banks could be snapped up by new fund

Sounds interesting and, restricting the new company to retail banking only is a step in the right direction and should be popular with consumers. All this is provided that they buy at a reasonable price to enable repayment to us taxpayers of their investment so that we all don't make a loss.

oops, ................us taxpayers of our investment.............

Yes, an interesting idea. I wonder if it will get off the ground. Hope so, it could provide some new competition in the High Street.

This takes me back to the 1970s where there were significant concerns about the banks' ability to make sufficient margin between lending and borrowing to make a profit and cover irrecoverable loans (i.e bad debts). This led to the move to more fee orientated charging structures and wider based product sets and activities. Also in the 1970s there was much derision thrown at banks' management on the basis that their level of profit was essentially driven by government decisions on interest rate levels. There is nothing new in this world, including short memory spans

Will past investors in those Banks who lost money , will reinvest( NEW CASH) again, in these new company to buy the BANKS ,

I don't see what added value the intermediaries will provide.

Why not invest directly into Lloyds, RBS etc by buying their shares on the stockmarket.

These people along with F C are wanting to form a company to acquire shares in Lloyds Bank. After the skulduggery that went on at the time to force Lloyds into taking over HBOS by certain people in the Govt of the time in conniviance with certain people in the City I think is rubbing salt into the wounds of the small shareholders in Lloyds. The whole thing stank to high heaven at the time . Lloyds was the only triple A rated Banking investment left when all of you know who thought it was a good idea to merge Bankcrupt HBOS into a triple A rated Bank to save their own skins., Now along comes Levene and co. trying to muscle in on the cheap. If they want to buy shares in Lloyds start Buying on the stock exchange like everone else has to. If the Govt. wants cash they can start selling on the stockmarket. We dont want anymore backdoor deals handing millions of potential profits on a plate outside the true and fair market place. This sort of thing will undermine Lodon's reputation even further. What do you want? If you go to the City always take two pairs of trousers because you will always loose one .