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Santander UK plc ( UK: / ˌsæntənˈdɛər, - tæn -/, US: / ˌsɑːntɑːnˈdɛər /) [3] is a British bank, wholly owned by the Spanish Santander Group. Santander UK plc manages its affairs autonomously, with its own local management team, responsible solely for its performance. Santander UK is one of the leading personal financial services ...
Santander Bank, N. A. Santander Bank, N. A. ( / ˌsɑːntɑːnˈdɛər /) is an American bank operating as a wholly-owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs ...
In June 2014, Santander bought GE Money Bank, GE Capital's consumer finance business in Sweden, Norway and Denmark, for €700 million (US$950 million). In September 2014, it was announced that Santander was in talks to merge its asset management unit with that of Unicredit to create a European firm worth €350 billion in assets. [32]
TSB Bank plc began operating as a separate business within Lloyds Banking Group on 9 September 2013, with the intention of selling it off through an initial public offering. Lloyds Banking Group announced that 25% of TSB's shares would be floated on 24 June 2014, [21] but, with the offer being ten-times oversubscribed, 38.5% of shares in TSB ...
Santander Group. Website. www .alliance-leicester .co .uk. Alliance & Leicester plc was a British bank and former building society, formed by the merger in 1985 of the Alliance Building Society and the Leicester Building Society. The business demutualised in the middle of 1997, when it was floated on the London Stock Exchange.
The UK lender reported a 13% rise in annual pre-tax profits to £2.1bn for 2023, up from £1.9bn in 2022.
As of Dec 2015, a number of new banking licences were secured, e.g. by Atom Bank and Tandem Bank. In 2017, Business Insider came out with a list of the 18 most profitable banks in the United Kingdom while stating that the banks were now becoming profitable after facing challenges for the past few years.
In 2017, it changed its name to Paragon Banking Group PLC, as part of becoming a "fully integrated banking business". [7] In 2018, Paragon Banking Group completed a £48m takeover of residential lender Titlestone Property Finance.