In any case, experts are united in their belief that the Monopolies and Mergers Commission will not allow the merger of two of the country's biggest financial institutions. Barclays and NatWest each command a big slice of the business in lending to small and medium sized businesses, and their strong regional presence and years of experience make it difficult for new market entrants.
Proof of this is that none of the new de-mutualised building societies- now-turned-banks has taken up this business in competition with Barclays and NatWest.
In the area of consumer banking the picture is rather different. After all, you don't need a branch in the high street to sell a mortgage or a credit card. Perhaps Barclay's is gunning to buy another consumer-orientated UK bank?Reuse content