Secure Trust Bank sells motor finance arm after £21m hit Banking Specialist lender Secure Trust Bank has offloaded its motor finance arm, becoming the latest UK bank to retreat from the sector, which has been wrapped up in scandal. The bank sold its remaining vehicle finance loan book to European Alternative Investment Fund Manager LCM Partners in a move expected to increase the bank’s CET1 ratio – a [...]
Full map of closures: Santander axes another 44 branches putting 291 jobs at risk Banking Santander has made another cull to its branch network as the Spanish banking giant ploughs ahead with its digital transformation. The lender said it would close another 44 branches, which will put 291 jobs at risk of redundancy, as the bank turns its focus to its digital offer to keep at pace with its fintech [...]
Santander data breach: 30m account and credit card details up for sale on dark web santander More details have emerged about the Santander data breach reported in early May.