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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 .
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 ...
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.
Alliance & Leicester: Grupo Santander: Retail and mortgage bank £ 1.26 × 10 ^ 9 [11] August 26, 2008: Roskilde Bank: Danmarks Nationalbank (Danish Central Bank) Retail bank $ 896,800,000 (kr4,500,000,000) [12] September 5, 2008: Silver State Bank: Federal Deposit Insurance Corporation: Commercial bank [13] September 7, 2008: Fannie Mae and ...
Alliance & Leicester — was a financial services company providing banking and insurance, that was formerly a building society. It operated from 1985 to 2011. Its headquarters was in Narborough, Leicestershire. It was formed by the merger of the Alliance Building Society with the Leicester Building Society. In 2011 it was subsumed into ...
The Bootle office after privatisation, bearing the Alliance & Leicester logo. The Alliance & Leicester won a bidding process for the Girobank operation in 1989 after the Conservative government privatised the bank, as part of a programme of sales of state-owned businesses. The transaction was completed in 1990 and by this time the bank was ...
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.
He was Distribution Director for Alliance & Leicester Retail Bank from 2000 until 2002 and then returned to head Girobank, now rebranded as Alliance & Leicester Corporate Bank until 2008. In 2008 Alliance & Leicester was taken over by Santander UK and he was briefly Alliance & Leicester's Group Risk Director until the takeover was completed. [3] [5