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  • Tory civil war deepens as Boris Johnson lays into ‘deranged’ Chequers plan

    September 30, 2018

    Boris Johnson poured salt on the wounds of Tory Party divisions this morning, branding Theresa May’s Brexit blueprint as “entirely preposterous” and “deranged”. In comments that are likely to fuel further speculation about his leadership ambitions, Johnson widened the rift between himself and the Prime Minister by saying: “Unlike the Prime Minister, I campaigned for [...]

  • Boss of £775m Royal Bank of Scotland competition payout confirms Santander UK is in running

    September 27, 2018

      The head of a scheme to pay out £775m from Royal Bank of Scotland (RBS) to boost banking sector competition today confirmed that Santander UK and other large lenders are in the running for multi-million-pound award, in spite of criticisms from rival banks. The scheme, designed by the Treasury but run independently by Banking [...]

  • Banco Santander appoints UBS’ Orcel as new chief executive

    September 25, 2018

      Spain's largest bank today announced UBS' investment banking head Andrea Orcel would takeover as its chief executive from Jose Antonio Alvarez in early 2019. Alvarez will move to become the vice-chairman of Banco Santander, and the executive chairman of its Spanish division. Santander chairman Ana Botin said Orcel had been working with the bank [...]

  • Santander in talks to buy City stockbroker Peel Hunt

    September 17, 2018

    Spanish bank Banco Santander is in discussions to buy City stockbroker Peel Hunt, it has been reported. Santander, which is the fifth largest bank in the UK, is in early stage discussions over the deal, Sky News revealed, although the talks are preliminary and may not lead to an agreement. Read more: Former Barclays boss Bob [...]

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