Why challenger banks find it hard to challenge

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I was thinking about this article in The Telegraph saying what a rotten job supermarkets have made of competing with banks. Tesco sold its mortgage book to Lloyds two years ago owing to “challenging market conditions” and is now closing all personal current accounts. Marks & Spencer this year decided to …

Read the full article at: thefinanser.com

Source: https://www.lendacademy.com/why-challenger-banks-find-it-hard-to-challenge/

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