The Week: Brand news - Virgin to extend into banks, Friday, 13 March 2009 12:00AM

Virgin is set to extend its brand to high-street banking within the next two years.

Sir Richard Branson, the brand's founder, said that it is looking to gain a banking licence and begin offering mortgages by 2011. Virgin is already a player in the financial services world with its Virgin Money brand, launched in 1995 as Virgin Direct.

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