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    News and Articles on Abbey National



    Banks identified over complaints  Sep 15, 2009
    Most bank account and loan complaints upheld CitiFinancial (88%) Capital One (87%) Shop Direct (80%) Santander Cards (79%) Egg (78%) Abbey National (71%) Alliance & Leicester (70%) GE Money (69%) Shop Direct (69%) Bank of Ireland (68%) Citibank (68%) Barclays (67%) American Express (64%) PayPal (64%). Each of the five High Street banks had more than 3,000 complaints against them, with Barclays accounting for the most with 8,283. (BBC News -- Business)

    Candy Brothers in Monaco Making Millions of Pounds in London Housing Slump  Sep 10, 2009
    Shes now head of real estate finance at U.K. lender Abbey National Plc ... Theres very little appetite from banks to do development finance, Abbey Nationals Geddes says. (Bloomberg)

    Abbey International Lifts Interest Rates  Sep 9, 2009
    All deposits carry the full and unconditional guarantee of Abbey National plc, itself a wholly owned subsidiary of the Santander Group. Santander has more than 150 years' experience in banking and more branches worldwide than any other international bank. (PR Newswire)

    Jesolva, U.S. U-23 Squad Down England, 3-1  Aug 5, 2009
    BISHAM, England - California women's soccer junior defender/midfielder and the U.S. Under-23 women's national team defeated the England U-23s, 3-1, in the second and final match of the two-game series on July 7 at the Bisham Abbey National Sports Centre ... The two matches against England were both played at the Bisham Abbey National Sports Centre, one of the UK's national sports centers, which is located about 30 minutes west of London. (Calbears.com)

    Scottish Widows, Standard Life Forecast Further Gains in Corporate Bonds  Aug 1, 2009
    Sutherland said Standard Life bought bonds sold by companies including Abbey National, part of Banco Santander SA, and Paris-based Lafarge SA, the worlds biggest cement producer, in the past four or five months. Scottish Widows, part of London-based Lloyds Banking Group Plc, has taken a net 500 million pounds into its company bond funds this year, Davidson said. (Bloomberg -- UK)

    Spain's Santander bank profit slips  Jul 30, 2009
    The deals allowed Santander, which bought Britain's Abbey National in 2004, to become the third-biggest bank in Britain. Profit from South America, which contributes about a third of Santanders profit, fell 4. (Yahoo! Asia News)

    Safety of savings to be tightened  Jul 25, 2009
    Abbey National, Bradford and Bingley, Cahoot, Asda, Abbey National Treasury Services. Alliance & Leicester. (BBC News -- Business)

    RBS boss to delay selling shares  Jul 3, 2009
    He had previously been chief executive of British Land and chief operating officer of Abbey National. Industry-wide comparisons. (BBC News -- Business)

    RBS boss set for 9.6m pay deal  Jun 22, 2009
    He had previously been chief executive of British Land and chief operating officer of Abbey National. In April, RBS announced 9,000 job cuts, having made a loss of 24. (BBC News -- Business)

    Teacher loses RM138,000 in well-organised scam after helping widow  Jun 3, 2009
    Noraini met up with two men, purportedly from London on March 14, one of whom claimed to be an officer from Abbey National Bank and the other a diplomat from the United Nations Security Unit in London who was checking on the authenticity of transfer. They told her that the cash was kept in a security vault in Ampang and to have it released, Noraini had to pay another RM27,500. (The Star Online, Malaysia -- News)

    Santander scraps UK bank brands  May 28, 2009
    Merged with the Abbey National Building Society in 1944 to form Abbey National 1989: Became first building society to float on London stock exchange 2004: Bought by Santander in 2004 - ditching the Abbey umbrella logo Best known ad slogan: "Get the Abbey habit". The first name changes will begin in June, with Abbey credit cards being rebranded, while the renaming of branches will begin next year, with Abbey and B&B first to be overhauled. (BBC News -- Europe)

    Pearl to raise 500m as prelude t...  Apr 8, 2009
    The debt is ringfenced from Resolution s life-insurance companies, which include policies originally sold by Abbey National, London Life, Britannia Life, Scottish Provident and Cornhill. Pearl, which recently cut hundreds of jobs as part of a centralisation of its life assurance operations, has more than seven million policyholders. (New York Post -- Business)

    HSBC, Lloyds, Clydesdale Investigated by Regulator for Overdraft Charges  Apr 4, 2009
    If the OFT finds the terms to be unfair, it intends to sue all eight banks: the , HSBC, s Abbey National Plc, , , Clydesdale, Lloyds and the Nationwide Building Society. The problem comes if the OFT finds the terms are OK but that the practices werent, said , European head of antitrust and trade at in London. (Bloomberg -- UK)

    Abbey in snub to 7,000 solicitors  Mar 25, 2009
    "I want to assure all members of the grave importance that we attach to this matter and the actions of the Abbey National," he wrote in a letter to solicitors. The Society said it was particularly worried about the impact on the business of small firms. (BBC News -- Business)

    Making $34 Million at Merrill Means Never Again as Bonuses Meet Subpoenas  Mar 10, 2009
    He has worked on some of Europes biggest bank mergers, including s acquisition of Abbey National Plc in 2004 and UniCredit SpAs 2007 purchase of Capitalia SpA. Former Merrill CEO promoted Orcel to global head of underwriting in May 2007 and last month he was named by Bank of America to lead international corporate and investment banking and finance teams outside of the Americas. Last year, Orcel advised Royal Bank of Scotland Group Plc on its $19 billion acquisition of Dutch Bank ABN... (Bloomberg)

    How not to design a work uniform  Feb 22, 2009
    Having designed workwear for Barclays, Butlins, Abbey National and BAA, Banks believes that the perfect uniform is a marriage of practicality and corporate identity. YOUR WORST UNIFORM Got a fashion howler from one of your previous jobs. (BBC News -- UK)

    Santander and BBVA: The Spanish derby  Feb 18, 2009
    Mr Bot;n, a fourth-generation banker, has a tight grip over his company and has keenly pursued deals, such as the purchase of Britain s Abbey National, a mortgage lender, in 2004. Through a smart bit of asset flipping, it was the only bank that profited from the ill-fated takeover of ABN Amro, a Dutch bank, in 2007. (The Economist)




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