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For sale: Three UK banks surplus to requirements

03.11.09
Banking analysis: The Government wants to create three new High Street banks to increase competition in the UK - and today it finally became clear what these banks might look like... more

Comment: More car boot sale than glamorous auction

02.11.09
Does the European Commission watch Strictly Come Dancing? Because if they did, they might appreciate the two steps forward, one step back nature of what is actually being imposed on the UK this week d ... more

Abbey profits from its mortgage business

28.10.09
Spanish-owned lender Abbey reported a 37% jump in profits after it cornered an increased share of the UK mortgage market... more

Santander, Nomura lifted by UK buys

28.10.09
Spanish banking giant Santander today reported a 37% jump in UK profits and said it was on course to attract one million new customers in Britain this year ... more

Mitie cleaning up amid the trend toward outsourcing

10.07.09
Buildings maintenance supplier Mitie bucked the recessionary trend with figures showing the first quarter of its financial year had kicked off well as customers outsourced more operations to save money... more

Our banks need to change -and the feeling's mutual

28.05.09
On the face of it a 69% fall in annual pre-tax profits or even the slightly more modest 50% drop in underlying profits by Nationwide does not immediately present itself as the strongest argument for mutuality... more

Three big banking names to be wiped off the high street

27.05.09
Three of Britain’s best known banking names — Abbey, Bradford & Bingley and Alliance & Leicester — are to be scrapped... more

British Land sells Abbey HQ to parent Santander

03.04.09
British Land has sold the Abbey headquarters on Euston Road to the bank’s Spanish parent Santander for £115 million... more

Bankers head off to Cheltenham - in disguise

10.03.09
Before the start of the Cheltenham Festival today, the racecourse's managing director Edward Gillespie admitted corporate hospitality has taken a hit - it's down around 10%, he says, although some think that may be a little optimistic... more

Santander’s £8.3bn profit despite Madoff investment

28.01.09
Santander, the Spanish bank that owns Abbey, Alliance & Leicester and the branch network of Bradford & Bingley, was forced by a Madrid watchdog to rush out its 2008 profit figure... more

Santander probed on £2bn Madoff losses

13.01.09
Scandal: Spanish bank Santander is under investigation after it lost more than €2.3 billion of clients’ money in the alleged Bernard Madoff fraud... more

Influentials 2009

02.01.09
From finance to fashion and politics to property, the past 12 months have seen dramatic changes in who wields influence in the capital. So who are the up-and-coming power players in London this year?... more

McLaren's sponsor to join Ferrari

27.11.08
Lewis Hamilton's McLaren team suffer a financial blow, as the Spanish bank Santander confirm it is taking principal sponsorship, reported to be worth more than £16million a year, to Ferrari... more

Santander to put £1bn into Abbey, A&L

13.10.08
Spanish banking giant Santander moves to shore up the finances of its UK High Street financial services chains Abbey and Alliance & Leicester with a £1 billion cash injection... more

Time to act together on rates

07.10.08
A cut by the MPC acting on its own, though welcomed, would quickly be forgotten in the current market climate... more

B&B takeover gives Santander 10 per cent of savings

29.09.08
Banking: Spanish giant Santander launched a fresh assault on British High Street banking with the £612 million takeover of Bradford & Bingley’s deposits and branch network... more

Banks face ‘£10 billion’ rescue

29.09.08
British banks are braced for a multi-billion pound bill from the collapse of Bradford & Bingley, with analysts suggesting they could be hit for as much as £10 billion... more

Borrowers, savers and shareholders will all feel brunt

29.09.08
Millions of consumers were facing the prospect of higher mortgage costs and lower savings rates as Britain suffered its third major financial collapse of the world banking crisis... more

Goldman and Morgan can only blame

19.09.08
The heads of Morgan Stanley, Goldman Sachs and the rest have been sternly condemning the evil short sellers in hedge funds for wreaking havoc on their share prices, spreading panic among counterparties and generally being beastly... more

New banking giant set to face sell-off calls from its rivals

18.09.08
Banking: Rival banks are set to demand that the new giant Lloyds TSB-HBOS group sells off parts of its empire once the dust settles from the current financial crisis... more

Comment: Customers will be hit with higher charges

30.07.08
The instinctive reaction of many people on hearing of falling bank profits will be to cheer. Overpaid so-and-sos, they've had it far too easy for too long, ripping us off, closing branches, blah blah... more

Abbey is new top mortgage lender in UK

29.07.08
Halifax toppled as Spanish-owned bank takes more than a quarter of all business in first half of the year... more

£1.26bn Spanish bid swoop for beleaguered A&L

14.07.08
Alliance & Leicester set to fall into Spanish hands after it accepts a £1.26bn takeover bid from the owner of rival bank Abbey... more

Investors smiling on hopes of £12bn deals bonanza

14.07.08
Shareholders were licking their lips over a raft of possible takeover action as actual and rumoured deals totalling almost £12 billion hit dealers' screens... more

Job fears as Santander to save £180m a year

14.07.08
Hundreds, maybe thousands of jobs are at risk after Santander said it expected to save £180m a year from swingeing cost-cutting at Alliance & Leicester... more

Deal the watchdog was begging for

14.07.08
The £1.26 billion takeover of Alliance & Leicester by Spanish giant Santander will delight many in the City - none more so than Hector Sants... more

QPR bank £1m bonus with Abbey

18.06.08
Bank will become the club's official financial partner as part of a two-year deal... more

Inbev close to £23bn bid for Budweiser brewer

27.05.08
Reports say Inbev is about to formally launch its £23bn bid for rival beer brewer Anheuser-Busch ... more

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