All Entries Tagged With: "Alliance & Leicester"
No 40 Percent Deposit: No Alliance & Leicester Tracker Mortgage
Alliance & Leicester joined Abbey and Lloyds TSB and announced new tracker mortgage deals yesterday, the move came after the 1.5 percent interest rate cut from the Bank of England last week. Most Lenders withdrew their existing tracker mortgage products in light of the cut, but the new tracker deals are few and far between [...]
Abbey and Alliance & Leicester slash mortgage rates
Abbey and Alliance and Leicester who are both owned by Spanish bank Santander have cut all its mortgage rates on all home loans that have a 60 or 75 percent loan-to-value and fixed deal mortgage products from October 31.
Abbey said the move will put the lender will give it the number one spot on the [...]
Alliance & Leicester shareholders agree sale to Banco Santander
Alliance & Leicester take over will go ahead after shareholders voted in favour of the acquisition by Santander the Spanish banking giant. This mean from
Was Alliance & Leicester hasty in Santander deal?
Alliance & Leicester was never a bank to worry the likes of Halifax or RBOS, however it still came as shock to many at how quick they agreed a deal with Abbey owners Banco Santander.
A&L investor has been hanging around for some time in the hope of their
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%.
Abbey owner Santander in Alliance & Leicester takeover bid
Santander, the owners of Abbey has now made a takeover bid for Alliance & Leicester (A&L); the news of a possible takeover has lead to A&L shares increasing by more than 40 percent.
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.