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Santander UK plc (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/, US: / ˌ s ɑː n t ɑː n ˈ d ɛər /) [3] is a British bank, wholly owned by Banco Santander, a Spanish bank. 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 ...
Banco Santander S.A. trading as Santander Group (UK: / ˌ s æ n t ən ˈ d ɛər,-t æ n-/ SAN-tən-DAIR, -tan-, US: / ˌ s ɑː n t ɑː n ˈ d ɛər / SAHN-tahn-DAIR, [2] [3] Spanish: [ˈbaŋko santanˈdeɾ]), is a Spanish multinational financial services company based in Santander, with operative offices in Madrid.
In November 2010, Botín succeeded António Horta Osório as chief executive of Santander UK. [13] In 2013, Botín was appointed a director of the Coca-Cola Company. [14] In September 2014, Botín was appointed chair of the Santander Group. [15] She is the fourth generation of the Botín family to hold this role. [16]
Santander Bank, N. A. (/ ˌ s ɑː n t ɑː n ˈ d ɛər /) 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 .
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]
Cater Allen Private Bank is a private bank operating in the United Kingdom and is a subsidiary of Santander UK.Tracing its history back to a bank founded in Blackburn in 1816, [1] [2] it was independent for 180 years, before being purchased in 1997 by Abbey National. [3]
Unlike some other major economies, the UK does not have a major stratum of independent local banks. 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 ...
It was fully integrated and rebranded as Santander by the end of 2011. [ 1 ] [ 2 ] The bank's international subsidiary based in Douglas, Isle of Man , Alliance & Leicester International , continued to use the name Alliance & Leicester, until it was fully merged into Santander UK in May 2013.