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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. It was listed in the FTSE 250 Index, and had been listed in the FTSE 100 ...
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 ...
The Church of the Annunciation of Our Lady of the Newarke in Leicester, was a collegiate church founded by Henry of Grosmont, 1st Duke of Lancaster, in 1353. [1] The name "Newarke" is a translation of the Latin "novum opus" i.e. "new work" and was used to distinguish the church from the older collegiate church of Leicester Castle, the Church of St Mary de Castro. [2]
The purchase of Alliance & Leicester by Santander had been agreed earlier that month. [35] Abbey migrated all customer accounts to the Partenon computer software used by Santander in June 2008. [36] On 27 October 2008, Abbey reached an agreement to sell Porterbrook to a consortium of Deutsche Bank, Lloyds TSB and Antin Infrastructure Partners. [37]
The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money), followed by Bradford & Bingley; Alliance & Leicester was acquired by Santander, who merged it into Santander UK.
[11] [4] In 2003 the Girobank brand was dropped, with the business renamed Alliance & Leicester [4] following further consolidation in the Alliance & Leicester Group. In May 2010, Alliance & Leicester was acquired by Grupo Santander and the name Alliance & Leicester was replaced by Santander UK. The name "Girobank" continued in use on some giro ...
Alliance & Leicester International Limited (ALIL) was the international banking subsidiary of Alliance & Leicester, which was subsequently bought by the Santander Group in October 2008. The bank offered a range of international savings accounts primarily to Isle of Man residents and British expatriates, but also to non domiciles living in the ...
On 11 January 2010, the combined business of Abbey and the Bradford & Bingley branch network was renamed Santander UK, and all branches were rebranded at a cost of £12 million. [22] Alliance & Leicester was rebranded at the end of November 2010. [23] On 25 January 2010, the European Commission approved the state aid given to the bank. [24]