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Virgin Money UK PLC (CBBYF)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.65000.0000 (0.00%)
At close: 10:00AM EDT
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  • H
    Harry
    Could be a buy at $3
  • E
    Elizabeth
    The problem with Virgin Money UK, CV aside, is their legacy issues which are not going away. They had a deal with NAB, their former owner, 'Conduct Indemnity Deed' a pot of money for misselling, 1.7B, which has run out, with huge multiple claims on the horizon via RGL and others. They asked NAB for much more, so clearly they knew this wasn't enough. Then they didn't get 100m from the challenger bank handouts which they were relying on. Smith CFO, and Pettigrew, Chair, moving on, Duffy CEO intransigent to dealing with legacy issues, despite 'word in ear' from Andrew Bailey . Huge rebranding costs, hoping to pick up 'new mortgages' - not likely now. Many legal cases digging into sale of 6bn portfolio to Cereberus in 2015 which is looking increasingly dodgy. Toxic bank likely to be swallowed up by someone else. Why risk it? Find out more on https://nab.virginmoney-rsg.com/
  • Y
    Yahoo Finance Insights
    CYBG.L is up 5.15% to $183.90
  • Y
    Yahoo Finance Insights
    CYBG.L is up 5.90% to $188.40
  • Y
    Yahoo Finance Insights
    CYBG.L is up 5.96% to $197.40
  • Y
    Yahoo Finance Insights
    CYBG.L reached an all time low at $175.30
  • J
    Jachima
    Definitely worth investing in!
  • Y
    Yahoo Finance Insights
    CYBG.L is up 6.26% to $190.00
  • C
    Chan
    The management is a nightmare for investors