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Bradford & Bingley plc was a British bank with headquarters in the West Yorkshire town of Bingley.. The bank was formed in December 2000 by demutualisation of the Bradford & Bingley Building Society following a vote of the building society's members, who swapped their nominal share of the building society for at least 250 shares of the newly formed bank.
Bradford & Bingley International (BBI) was the international banking subsidiary of Bradford & Bingley, which was itself acquired by the Santander Group in 2008.. On 5 August 2011, the business of BBI was transferred to Alliance & Leicester International (ALIL), also a subsidiary of Santander, ahead of the expiry of a trademark licence on the Bradford & Bingley name and image.
Bradford Equitable Building Society was an English building society, which merged with the Bingley Building Society in 1964 to form the Bradford & Bingley Building Society. Bradford & Bingley fell victim to the financial crisis of 2007–2010 and is now part of Santander UK, while its mortgage book is owned by UK Financial Investments Limited.
Bingley Building Society was a UK building society, which merged with the Bradford Equitable Building Society in 1964 to form the Bradford & Bingley Building Society. Bradford & Bingley fell victim to the financial crisis of 2007–2010 and is now part of Santander UK, while its mortgage book is owned by UK Financial Investments Limited.
In January 2010, the savings business of Bradford & Bingley was combined with the bank, and Abbey National plc was renamed Santander UK plc. [1] Prior to the takeover, Abbey National plc was a constituent of the FTSE 100 Index.
The bank, with its head office in 2 Triton Square, Regent's Place, London, NW1 3AN, United Kingdom, [5] [6] was established on 11 January 2010, when Abbey National plc was combined with the savings business and branches of Bradford & Bingley plc, and renamed Santander UK plc. Alliance & Leicester plc merged into the renamed business in May 2010.
UK Asset Resolution (UKAR) is a British financial services holding company with headquarters in the West Yorkshire village of Crossflatts (near Bradford & Bingley's former headquarters in Bingley). [1]
The Black Horse name was dropped by Bradford and Bingley in 1999. [11] In 2007, Countrywide was 100% acquired by Apollo Management for a sum over £1bn, [12] and de-listed from the London Stock Exchange. Following debt restructuring, the owners included Apollo Management, Oaktree Capital Management and Alchemy Partners. [13]