Santander soothes unions' fears over Abbey jobs
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The chairman of Santander Central Hispano, the Spanish bank which is bidding for Abbey National, will tell unions today that a successful acquisition by his company will result in less than half the number of ...
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Shareholders in Santander Central Hispano on Thursday approved the euro13 billion (US$16.4 billion) takeover of Abbey National of Britain.
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LONDON : 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).
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The Spanish bank Santander Central Hispano said it still expects to complete its acquisition of British home-loan specialist Abbey National by the end of this year.
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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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Spanish Bank Santander Central Hispano intends to cut about 3,000 jobs at Britain&#39;s Abbey National if its proposed acquisition of the British bank is completed.
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Abbey National was last night poised to become part of Santander Central Hispano, Spain&#39;s largest bank, after HBOS dramatically dropped plans for a counterbid and the European Commission approved the deal.
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The Spanish bank poised to take over Abbey National will walk away if the Â£8.2 billion deal is stalled by competition concerns, it was reported today.
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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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Spain's Santander Central Hispano plans to raise an initial 1 billion pounds from the sale of closed-life books owned by Abbey National, the Sunday Times says.
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Around 3,000 jobs will be lost at Abbey National if the UK bankâs takeover by Spainâs Santander Central Hispano (SCH) goes ahead, it emerged today.
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Business & money: Union warns British Airways it could face another summer of industrial strife over strain on baggage-handling staff due to job cuts.
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MADRID: If shareholders in Britain's Abbey National have been thinking of suitor Santander Central Hispano in cliche terms as a sleepy, tradition-loving Spanish bank, its new headquarters might make them think ...
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LONDON Santander Central Hispano of Spain looked certain to clinch its bid for the British mortgage lender Abbey National, after HBOS, Britain&#39;s biggest home-loan company, said Wednesday it would not counterbid, and after the European Commission cleared
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The European Commission is taking all the time it needs to rule on Banco Santander Central Hispano&#39;s bid for Abbey National, competition spokeswoman Amelia Torres said Monday.
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Banco Santander's controversial pursuit of U.K. mortgage lender Abbey National shows how difficult it can be for Spanish banks to grow outside their borders.
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EU COMPETITION commissioner Mario Monti has backed Banco Santander Centrale Hispanoâs Â£8.75 billion bid for Abbey National. Monti suggested support for a Spanish bid, saying: &quot;At first glance, it is a contribution