Bradford & Bingley Plc - Strategic Analysis Review by GlobalData


More Info
									                            Bradford & Bingley Plc - Strategic Analysis Review

       Reference Code: GDFS27894SA                                                                                          Publication Date: JUL 2010

       P.O. Box 88, Croft Road,                 Phone                                                   Revenue
                                                                 +44 1274 555555                                            665 (million GBP)
       Bingley, West Yorkshire                  Fax                                                     Net Profit          NA
       BD16 2UA                                 Website                          Employees           917
       United Kingdom                           Exchange                                                Industry            Financial Services

      Company Overview
       Bradford & Bingley plc (B&B) is a UK based financial services institution, which is mainly engaged in providing specialist
       mortgages insurance and pension products. In addition to savings and investment products, the company offers financial services
       such as general insurance, wealth, protection and personal loan products. B&B operates through a network of multiple
       distribution channel including retail branches and agency branches, On 29th September 2008, the UK Government assumed the
       ownership of the company towards promoting the financial stability and to protect consumers. Following this, the UK and Isle of
       Man retail deposit business were transferred to Abbey National plc (Abbey).

      Key Executives                                             SWOT Analysis
               Name                         Title                Bradford & Bingley Plc, SWOT Analysis
      Richard Pym                Chairman                        Strengths                       Weaknesses

      Richard Banks              Director
                                                                 Government Ownership                       Weak Operating Results
      Louise Patten              Director
      John Tattersall            Director                        Reduced Costs                              Risk Concentration
      Michael Buckley            Director
      Source: Company Website, Primary and Secondary
                                                                 Opportunities                              Threats

                                                                 European Union Countries’                  Exposure to Toxic Assets
      Key Competitors                                            Economic Stimulus Plan
                                                                                                            Fluctuations in Interest Rates
      The Paragon Group of Companies PLC                         A Restructured Business
      Connet Mortgage Group
      Nationwide Building Society                                 Source: Company Website, Primary and Secondary Research
To top