Abbey National Plc.

News & Analysis

abbey national plc. and royal bank of scotland - All News and Analysis

• SCH digs in heels over Abbey with share sell-off

  - 2004-09-09

  LONDON AFP — Banco Santander Central Hispano SCH underlined its determination to win the battle for Abbey National by announcing plans to sell part of its stake in Royal Bank of Scotland RBoS. Halifax Bank of Scotland HBOS, which is considering a counter-bid for its British rival Abbey, had...

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• HBOS to launch complaint over Spanish bid for Britain's Abbey

  - 2004-08-23

  LONDON AFP ? British bank HBOS announced it would file a complaint to the European Commission regarding Santander Central Hispano's SCH multi-billion-pound bid for Abbey National due to competition issues. HBOS, which itself has said it was considering launching a counter-bid for British mortgage lender Abbey, is to launch...

  Tags: Abbey National Plc., HBOS Plc., Royal Bank of Scotland, SCH

• Stricken chain needs alchemy.

  - 2003-05-29

  May 28, 2003 (The Australian - ABIX via COMTEX) British investors may rescue the Le Meridien hotel chain from its financial problems. A consortium of banks bought Le Meridien for Stg1.9 billion in 2001. However, the hotel chain has debts of about Stg1 billion...

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• World markets: London

  - 2003-04-05

  SHARES CLIMBED for the fourth day in a row as financials led the market higher. Legal & General, up 5 per cent, was the top blue-chip gainer, while Abbey National added 4 per cent and Royal Bank of Scotland rose 3 per cent. Traders were buoyed by the progress of...

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• Legal & General Chief Shakes Up British Financial Services Sector.

  - 2002-09-15

  By Richard Northedge, Sunday Business, London Knight Ridder/Tribune Business News Sep. 15--David Prosser has done more to shake up the UK financial services industry in the past three years than any merchant banker. Had it not been for the quietly-spoken Legal & General...

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• Potential for bad news: Sharona Talmor analyses the UK banks' latest results and predicts a mixed year for them. (Global Focus).(Brief Article)(Statistical Data Included)

  - 2002-04-01

  THE UK BANKS' RESULTS season could best be summarised as a period focused on potential bad news. Firstly we looked at the provisions line; then we moved on to worry about costs and, if that did not disappoint, we fretted about underlying revenue growth. ...

  Tags: Abbey National Plc., Alliance & Leicester Plc., Barclays Plc., Bradford & Bingley Plc., Royal Bank of Scotland

• Love me.

  - 2002-02-25

  Feb 23, 2002 The Economist ABIX via COMTEX -- British banks are improving their customer services in an attempt to sell more products. The rejection of Abbey National's mooted takeover of Lloyds TSB by the Department of Trade & Industry has encouraged banks to...

  Tags: Abbey National Plc., National Westminster Bank Plc., Royal Bank of Scotland

• Around the World's Markets: London

  - 2001-09-04

  THE FTSE 100 closed down 32.9 points at 5,312.1 as the index battled to stay within its long-term 5,300-5,600 range. The closure of Wall Street for the Labor Day holiday kept turnover subdued. Oils were among the bigger losers amid worries about the outlook for the world economy, with Shell...

  Tags: Abbey National Plc., BP Plc, Royal Bank of Scotland

• Cut-throat credit card war leaves customers quids in

  - 2001-07-08

  With hundreds of cheap deals to choose from, Teresa Hunter discovers why it makes sense to shop around for your plastic WHEN you discover you are expecting your fourth child and you owe more than #2000 on exorbitant store cards, something has to go. Luckily for Tanya...

  Tags: Abbey National Plc., Royal Bank of Scotland

• Royal review plan

  - 2000-02-20

  NATIONAL Westminster's new owner, the Royal Bank of Scotland, may have to review its plans for selling its debt markets operator Greenwich NatWest, thought to be worth #1 billion. The Royal has said that it wants to keep the British arm of Greenwich Natwest and sell the...

  Tags: Abbey National Plc., Royal Bank of Scotland