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On 9 March 2010, Santander sold the investment and asset management business James Hay to IFG Group for £35 million. [20] Later in the year, it was confirmed on 4 August that Santander intended to purchase the branches of The Royal Bank of Scotland in England and Wales, and the branches of NatWest in Scotland as part of a divestment of the business by The Royal Bank of Scotland Group. [21]
UK banking brands owned by foreign banks. Allied Irish Bank (GB) and First Trust Bank, owned by AIB Group of the Republic of Ireland. Al Rayan Bank, owned by Masraf Al Rayan of Qatar. Axis Bank UK, owned by Axis Bank of India. Bank of Ceylon (UK), owned by Bank of Ceylon of Sri Lanka.
Cahoot operates as a division of Santander UK, and shares Santander's banking licence and headquarters. Its business model involves a small operational staff, with IT services outsourced in 2003 to IBM using their "Software on Demand" model. [6] As of 2023, the only products available to new customers are savings accounts. [7]
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, Massachusetts and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over ...
The UK lender reported a 13% rise in annual pre-tax profits to £2.1bn for 2023, up from £1.9bn in 2022. Santander UK profits rise, but bank sees more borrowers under stress Skip to main content
Banco Santander S.A. trading as Santander Group (UK: / ˌsæntənˈdɛər, - tæn -/ SAN-tən-DAIR, -tan-, US: / ˌsɑːntɑːnˈdɛər / SAHN-tahn-DAIR, [2][3] Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in most ...
Deutsche Bank. Drummonds Bank (a branch of The Royal Bank of Scotland), part of NatWest Group. Duncan Lawrie. First Trust Bank, part of Allied Irish Banks. Habib Bank AG Zurich. ICICI Bank UK, part of ICICI Bank. Isle of Man Bank (a trading name of RBS International), part of NatWest Group.
In September 2003, the bank rebranded as Abbey, and in November 2004, it became a wholly owned subsidiary of the Spanish Santander Group, with a rebrand following in February 2005. In January 2010, the savings business of Bradford & Bingley was combined with the bank, and Abbey National plc was renamed Santander UK plc. [1]