Santander&#39;s Abbey bid helps banks
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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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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 Banco Santander Central Hispano, Spain&#39;s biggest bank, said Thursday that it was selling as much as Â£1.26 billion of shares in Royal Bank of Scotland Group, scaling back its 16-year partnership with the British bank as it seeks to buy Abbey
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LONDON/MADRID  - Spanish bank Santander claimed  victory for its 8.7 billion pound ($15.6 billion) agreed  takeover of Britain's Abbey National after its most likely  rival, UK bank HBOS, pulled out of the race.
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Spanish bank Santander Central Hispano says the referral of any competing offer for Abbey National to regulators need not mean Santander would pull out of the fray.
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Leading Spanish bank Santander Central Hispano said that its hoped-for acquisition of British home-loan specialist Abbey National would not require asset sales, adding there was as yet no counter-offer.
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SANTANDER, the new owner of Abbey National, yesterday unveiled Francisco Gomez-Roldan, the Spanish bank&#39;s chief financial officer, as Abbey&#39;s chief executive as it took another step towards finalising the Â£9bn all-share acquisition.
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The UK&#39;s Financial Services Authority approved Santander Central Hispano SA&#39;s 9.4 billion-pound ($17.4 billion) takeover of Abbey National Plc, paving the way for Europe&#39;s biggest cross-border bank merger.
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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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Santander Central Hispano has won permission from the European Commission to press ahead with its agreed 8.7 billion pound takeover of Abbey National.
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Shareholders in Abbey National PLC voted overwhelmingly Thursday to approve the bank&#39;s acquisition by Santander Central Hispano of Spain.
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Spanish bank Santander claimed victory for its 8.7 billion pound (&#36;15.6 billion) agreed takeover of Britain's Abbey National after its most likely rival, UK bank HBOS, pulled out of the race.
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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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LONDON, September 9 (New Ratings) - Santander Central Hispano (BSD2.FSE) has indicated that it is selling a 2.51% stake in Royal Bank of Scotland Group Plc, in an attempt to seek regulatory approval to acquire UKâs Abbey National Plc.
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Banco Santander will today tell Abbey National&#39;s union that about 2,500 jobs will go if the Spanish bank is successful in its takeover bid.
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Shareholders of Spain's largest bank, Banco Santander Central, 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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SPAINâS Santander Central Hispano is to sell up to 79 million shares in Royal Bank of Scotland, and said it will end cross-directorships with RBS if its bid for Abbey National is successful.