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CITY VIEWS: WOULD YOU BANK WITH TESCO?
RAFE HEYDEL-MANKOO | MERCER
“Yes – the ease of having the bank on site with the supermarkets makes it convenient. Also, because of its volume it has the ability to cut costs compared to other banks, which makes it attractive.”
ALASTAIR GRAHAM | GARP
“Yes, it has simple and straightforward products that are understood by the public. If this
translates into the banking products then it will be successful.”
JAMES ALDRICH | ORACLE
“Yes, Tesco has a huge capital and it can translate that into its banks. But it’ll have to convince its customers: I don’t think I’d switch, and people tend to stay with the same bank.”