TSB Chief Executive Paul Pester answers your questions
What would you like to ask Paul Pester?
What would you ask the chief executive of one of British banking's recent success stories: Paul Pester of TSB?
TSB has had an impressive time of it since breaking away from Lloyds Banking Group. It has launched one of the most exciting current accounts in years with the TSB Classic Plus account, which at 5% pays a higher rate of interest than most savings accounts. We are big fans here at loveMONEY towers.
And TSB now looks set to move into the hands of Spanish bank Sabadell, which has tabled an offer of £1.7 billion for the bank. What will that mean for the bank's future and its branch network?
Paul Pester, TSB's chief executive officer, has agreed to answer questions from loveMONEY readers, so let us know what you'd like us to ask him in the Comments box below.
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Are you worried that the regulatory burden for banks could increase even further in the years ahead?
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Hi Paul, Why launch a current account that pays 5%? Why not just a savings account? Thanks, Donna
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Hi Paul, you launched TSB as a local bank for Britain but can you stick to that promise if you sell to the Spanish? People will call it That Spanish Bank rather than associate it with being British. I heard you are already closing branches. With that in mind, how will you take on the "big four"?
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15 May 2015