Santander pushes on with rebranding

SPANISH banking giant Santander is dropping the Abbey UK Corporate Banking and Alliance &amp; Leicester Commercial Bank brands, as it pushes ahead with its assimilation of the UK lenders.<br /><br />The banks&rsquo; 20 regional corporate banking centres yesterday began converting to the Santander Corporate Banking name.<br /><br />Santander head of corporate banking Steve Pateman said he wants the combined Corporate Banking brand to become the &ldquo;bank of choice for businesses&rdquo; in the UK.<br /><br />He said the combination of Santander&rsquo;s strong capital position, Abbey&rsquo;s specialist knowledge and the reach of Alliance &amp; Leicester&rsquo;s regional corporate banking centres should provide a &ldquo;compelling&rdquo; offering.