Egg Banking plc · London United Kingdom
Company Description
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This link will open in a new window This egg doesn't want anything to do with rotten, old-fashioned banking. One of the largest Internet-only banks in the world, Egg has some 3 million customers that use its Web site to access mortgages, personal loans, savings accounts, unit trusts, and life, health, auto, home, and travel insurance. Users can apply for the Egg Card or Egg Money, credit cards that offer rewards or cash back on purchases. Citigroup bought Egg from UK insurer Prudential plc for more than $1 billion in 2007. Founded in 1998, Egg is now part of Citigroup's UK consumer unit. To read the full description, subscribe now.
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Key Egg Banking plc Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | December |
| Annual Sales (mil.) | $0.0 |
| Employees | 2,341 |
Egg Banking plc Executives
2 executives listed for Egg Banking plc's London, location.
| Title | Name & Bio | Contact |
| Head External Communications | Teresa La Thangue | Network |
| Head Communications | Vanessa Wood | Network |
Competition
Competitive Landscape for Egg Banking plc
Demand is driven by consumer income and demographics. The profitability of individual companies depends on the correct assessment of repayment likelihood and effective collections activities. Large companies have an advantage in the ability to manage large portfolios of mortgage, auto, and credit card loans through sophisticated computer risk modeling. Small companies can compete effectively in the cash lending or sales finance segments, where a local or neighborhood presence is highly effective. The industry is capital-intensive; annual revenue per worker is about $430,000. To read the full description, subscribe now.Top Egg Banking plc Competitors
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