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Santander

Santander º£½ÇÊÓƵ's strategic overhaul leads to job cuts and branch closures
By City AM
The bank said provisions for other liabilities and charges were up 74 per cent to £249m driven by "higher transformation related charges". The lender listed losses and provisions as rising 119.8 per cent to €340m (£296m)
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Santander acquires TSB for £2.9 billion, expanding º£½ÇÊÓƵ presence and customer base
By City AM
The acquisition of TSB will significantly strengthen Santander º£½ÇÊÓƵ's market share, adding five million customers and £34bn in mortgages to its portfolio, as well as 218 branches
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Natwest and Lloyds to cash in as Chancellor hints at ring-fencing reform
By City AM
Rachel Reeves has told top bank bosses she is "open-minded" to ditch the ring-fencing regime imposed on major banks, after HSBC, Lloyds, Natwest and Santander lobbied her to scrap the 15-year-old legislation last month
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Santander º£½ÇÊÓƵ's provisions surge as backlash against bank's branch closures rises
By City AM
Santander º£½ÇÊÓƵ's provisions for liabilities and charges rose 69 per cent to £140m in the first quarter of the year, as the bank prepares to close 95 branches in June
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Santander announces closure of 95 branches impacting 750 jobs across the º£½ÇÊÓƵ
Santander
The Spanish-owned lender said it was shutting the branches from June, while also cutting hours across 36 sites and switching 18 to be counter-free in moves impacting on more than a third of its 444-strong network
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Santander to close Midlands branches
Finance
Six sites across the region have been tabled for closure as part of a nationwide review into its network
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Banking giant Santander reports record profit, plans massive shareholder returns
By City AM
The banking giant reported a slight increase in its cost base—operating expenses expanded by two per cent for the year.
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