Abbey National Plc.

News & Analysis

abbey national plc. - All News and Analysis

• Santander Shouldn't Completely Kick the Abbey Habit

  BNET - 2009-05-28

  Of all the British banks for which a name change would hide their shame, Abbey is not one. Northern Rock, Royal Bank of Scotland, Halifax, Bank of Scotland and even Lloyds are tarnished brands since the state rescued them. Yet it is Abbey, the former UK building society with a...

  Tags: Brand, Name, Abbey National Plc., Santander, Abbey, Branding, Banking, Marketing, Financial Services, Richard Northedge

• 'I got stung by the B&B rescue. Can I sue?'

  - 2008-11-29

  Q I am one of many Bradford & Bingley shareholders who have lost out through the company's nationalisation. I received 250 free shares, and when asked to contribute to the rights issue paid nearly 200, only to see it wiped out in the nationalisation two months later. I am unhappy...

  Tags: Abbey National Plc.

• Taxpayer puts up Pounds 18bn to fund Santander buy

  - 2008-09-30

  *B&B branches and deposits sold to Spanish group *Treasury nationalises Pounds 41bn of mortgages Alistair Darling insisted that taxpayers would not be on the hook after taking on 50bn of assets from the stricken bank Bradford & Bingley, which was nationalised yesterday. The Government was...

  Tags: Abbey National Plc.

• Santander to buy B&B savings as UK govt confirms nationalisation

  - 2008-09-29

  LONDON, AFP — Spain's Santander said Monday it will take over the retail deposits and branches of troubled bank Bradford & Bingley as the British government confirmed that it was nationalising the banking group. B&B's savings business, which represents its best assets, will be sold to the Spanish company,...

  Tags: Abbey National Plc., Bradford & Bingley Plc.

• MARKET NEWS

  - 2008-07-30

  GOING UP... Mortgage lenders have added insult to injury - rising rates have been compounded by a 20 per cent leap in application fees over the last 12 months, according to the mortgage search website mform.co.uk. Fees - and their increases - vary widely: the average charge for...

  Tags: Abbey National Plc., HBOS Plc.

• THE SPANISH ARE COMING

  - 2008-07-24

  Business Analysis Spain's property market collapse makes the UK housing sector look positively swinging. So how are the country's banks able even to consider bids for our mortgage lenders? By Sean Farrell SPAIN'S BIGGEST banks are riding high amid the credit turmoil. Not only has Santander agreed...

  Tags: Abbey National Plc.

• Santander boss is wily operator who waited to make his move

  - 2008-07-15

  When Santander bought Abbey National nearly four years ago, rival bankers said it was only a matter of time before Spain's biggest bank did a second deal to extract maximum benefit from the acquisition. Alliance & Leicester was top of most people's lists because it was big enough...

  Tags: Abbey National Plc.

• Spain's Santander to buy Alliance Leicester for 1.26 billion pounds

  - 2008-07-14

  MADRID AFP — Spain's biggest bank, Santander, said Monday it had reached agreement to buy British lender Alliance and Leicester in an all-share deal worth 1.26 billion pounds (1.57 billion euros, 2.51 billion dollars) as it continues its push into the British market. Under the terms of the deal,...

  Tags: Abbey National Plc.

• I'm banking on an upturn - but not just yet

  - 2008-05-03

  PRIVATE INVESTOR Fond as I am of contrarian investing, I don't feel quite brave enough yet to add to my holdings in the banking sector, namely some Barclays, Royal Bank of Scotland and Banco Santander shares, the latter a leftover from an older holding in Abbey National, which...

  Tags: Abbey National Plc.

• Laxey stalks TDG.

  - 2008-02-29

  BIDWATCH: Logistics group on activist's radar, plus bank rumours resurface and Expro's in play. Jonas Crosland Activist investor Laxey Partners has, until now, been a sleeping shareholder in transport and logistics group TDG, holding a 22 per cent stake. Not any more, as it...

  Tags: Abbey National Plc.