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Old 09-29-2008, 02:20 PM
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Post Santander to acquire B&B‘s branches and £20bn savings business

The BBC reported over the weekend that troubled buy-to-let lender Bradford & Bingley (B&B) was set to be nationalised.It has emerged this morning that Spanish bank, Santander, which recently agreed to buy Alliance & Leicester, is to acquire B&B’s £20 billion savings base and its network of 197 branches. According to sources, talks ran late [...]

More: Santander to acquire B&B‘s branches and £20bn savings business
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