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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.
The Union for Bradford and Bingley Staff and Associated Companies (UBAC) was a trade union in the United Kingdom. The union was founded in 1977 as the Bradford and Bingley Staff Association, changing its name in 2001. It represented staff working for Bradford and Bingley and for Alltel Mortgage Solutions, having 2,796 members by 2002. [1]
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 .
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.
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Advance is a certified, independent trade union affiliated to the TUC representing workers within the bank Santander UK, the UK subsidiary of Santander Group.The union was formerly known as the Abbey National Group Union (ANGU) before it expanded to include staff of Alliance & Leicester and Bradford & Bingley following their acquisitions by Santander.
When Bradford & Bingley and Northern Rock were merged in October 2010 he was made Chief Executive of the merged entity. [ 12 ] In 2013 he was revealed as one of the top paid government employees, earning £815,000 – four times as much as the Prime Minister , having had a 27 percent pay rise that year.
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 .
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