Summary
THE [pounds]1.26 billion takeover of Alliance & Leicester by Spanish giant Santander will delight many in the City none more so than Hector Sants.
This is just the sort of deal the chief executive of the Financial Services Authority wants to see as British banks struggle through the credit crunch, even if it looks like a fire-sale price.See the full content of this document
Extract
Deal the Watchdog Was Begging for ; Analysis
Having watched Northern Rock collapse and Royal Bank of Scotland, HBOS and Bradford & Bingley turn to ...
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