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Santander secures union backing for Alliance and Leicester staff terms
Santander has reached an agreement with unions to protect the pay and conditions of more than 20,000 staff at Alliance & Leicester who are due to be integrated with their Spanish acquirer.
Nigel Cotgrove, assistant secretary at the Communication Workers Union (CWU), which is recommending the proposed agreement to its members in a consultative ballot, said [...]
JPMorgan Said to Plan Alliance & Leicester Asset-Bond Purchase
May 25, 2010, 12:09 PM EDT
May 25 (Bloomberg) — JPMorgan Chase & co. plans to buy $1.5 billion of Alliance & Leicester Plc mortgage-backed bonds, according to three people with knowledge of the deal.
an affiliate of the New York-based bank, the second-biggest U.S. lender by assets, will purchase the notes to be [...]
Santander chief condemns bank bail-outs
By James MooreWednesday, 24 February 2010
British consumers would suffer if the banks were broken up, the chief executive of Banco Santander told an influential committee of MPs yesterday. Alfredo Saenz also rounded on banks that were bailed out by the taxpayer.
He said: “I can’t refrain from saying, as a traditional banker, it [...]
New mortgage deals aim to tempt borrowers from standard variablerate traps
Remortgaging levels have plunged in recent months as borrowers coming to the end of their deals have opted to move onto a standard variable rate (SVR). But the SVRs offered by most lenders are considerably higher than the 0.5 per cent base rate and, with building societies in particular increasing their rates, the average SVR [...]
Latitude Digital Marketing Appoint James Lowery as Head of SEO
LONDON, UNITED KINGDOM–(Marketwire – 01/27/10) – Leading digital marketing agency, Latitude, today announces the appointment of James Lowery to Head of SEO. James, based in Latitude’s Warrington office, has been a consistent innovator in the SEO industry and was the brains and the leader behind the Haven Holidays SEO campaign which was shortlisted for multiple [...]
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