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Rescue plan for the two banks' savers
it says it is acquiring Â2.5bn of deposits held by 160,000 customers from kaupthing edge, the internet-only uk theretail arm of iceland's biggest bank .
'decisive action' ing direct is a subsidiary of nether lands-based ing group .
kaupthing edge said it was not custommenting on the move at this stage .
ing direct is in a position of strength, johand de wit, chief executive of ing direct uk .
ing direct is working to rapidly stratensure that it is business has normal for all customers .
savings bank ing direct is staking over moved arate withan Â3bn of deposits held by statens of thousands of british savers .
Generated 2008-10-10_15:42
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