All Entries Tagged With: "A&L"
Alliance & Leicester & Abbey workers fear job cuts
Hundred of workers at Alliance & Leicester and Abbey are now in fear of job cuts following the £1.3billion takeover deal with Spanish banking giant Santander. The buyout deal with A&L looks all set to go through, but mass job cuts are inevitable.
Santander plan to merge Alliance & Leicester with Abbey, who
Alliance & Leicester Santander deal boasts banks sector
The news that Alliance & Leicester is to be bought by Abbey-owner Santander seems to have given a psychological boost to the banks sector; however the reason behind the quick buyout is very worrying.
A&L who have 5.5 million customers realise that the credit crisis is going to
Alliance & Leicester shares up 50% over takeover talks
We announced this morning that Alliance & Leicester are in takeover talks, it is thought that Santander is the potential buyers. Well it seems that this news has helped A&L’s shares, as they have increased by almost 50%.
Alliance & Leicester (A&L) poaches chairman from Ulster Bank
Alliance & Leicester (A&L) now have their new chairman, Alan Gillespie, who they have poached from the Ulster Bank; they hope that the new chairman will help them to stabilize as the current outlook is looking very tough.