Santander Aims to Complete Abbey Purchase by November, FT Says
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Santander Central Hispano SA aims to complete its 8.3 billion pounds ($15 billion) purchase of Abbey National Plc by November, the Financial Times said, citing Juan Inciarte, Santander&#39;s director for Europe and consumer finance.
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MARIO Monti has thrown his support behind Banco Santander Centrale Hispanoâs Â£8.75 billion bid for Abbey National, after he said that the offer contributes to European Union single market goals.
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Santander, the Spanish bank bidding Â£8bn for the UK's Abbey, is selling half its stake in rival Royal Bank of Scotland.
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ABBEY, the UK bank being taken over by Spanish rival Santander Central Hispano, today said third-quarter trading profit at its core retail banking business was ahead of the 234 million average quarterly profit ...
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The Financial Services Authority has cleared Spanish bank Santander Central Hispano's Â£9bn takeover of Abbey National.
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STUNNED Abbey National staff will be told today that 4,500 jobs could be axed within three years if Spain - s Banco Santander emerges victorious from its bruising 8.2 billion bid battle for the UK mortgage ...
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SPANISH bank Santander has offered to cut back its ties with Royal Bank of Scotland in an attempt to avoid a competition inquiry into its bid for Abbey.
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Abbey National shareholders are expected to back the takeover of the bank by Spain's Santander Central Hispano at a meeting on Thursday.
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Spanish bank Santander claimed victory for its 8.7 billion pound ($15.6 billion) agreed takeover of Britain&#39;s Abbey National after its most likely rival, UK bank HBOS, pulled out of the race.
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Third-quarter trading profit at Abbey National&#39;s core retail banking unit was ahead of the first half trend despite uncertainty caused by Santander Central Hispano&#39;s 9.1 billion pound swoop.
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Shareholders of Spain's largest bank, Banco Santander Central (SCH), overwhelmingly approved the 8.5-billion-pound (12.3-billion-euro, 15.3-billion-dollar) takeover of British mortgage bank Abbey National.
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BRUSSELS  - The European Union has cleared Banco Santander Central Hispano SA's acquisition of British rival Abbey National PLC.
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LONDON, August 23 (New Ratings) - Abbey National (AYN.ETR) is likely to witness a maximum of 4,500 job losses over the next three years, following its proposed Â£8 billion takeover by Banco Santander Central Hispano (BSCH).
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Spain&#39;s Santander Central Hispano has claimed victory with its bid for Abbey National after HBOS, seen as the most likely rival suitor, backed out of the race.
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Spain's biggest bank Banco Santander Central Hispano (SCH) said it was finalising its acquisition of Britain's Abbey National to create the world's tenth-largest bank.
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Santander Central Hispano&#39;s Â£8.6bn ($15.3bn) bid for UK lender Abbey will help create a single regional financial market, the European Union (EU) said.
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The European Commission is not expected to make any decision on Santander Central Hispano&#39;s bid for Abbey National until the end of next week.