Bradford & Bingley

7 results about this entity

Period: 21 Oct 2004 - 29 Jul 2010

Santander to create 600 new UK jobs

Santander UK is to create 600 new jobs in its branches and call centres as it continues to win market share.

IT integration project pays off for Santander UK

Spain's Banco Santander is reaping the benefits of a mammoth IT integration programme at its UK banking subsidiaries Abbey National, Alliance & Leicester and Bradford & Bingley which have seen profits for the first nine months jump by a third to EUR1.3 billion.

B&B outsources credit risk to Euristix

State-owned Bradford & Bingley (B&B) has outsourced its credit risk management to London-based consultancy Euristix as it winds down its mortgage business.

Cahoot hit by Spanish power cut

Customers of UK Internet bank cahoot were locked out of their accounts for over a day following a power cut in Spain, home of parent company Banco Santander.

Citi aims for $3 billion in 'consolidation synergies' from Wachovia rescue

Citigroup is targeting $3 billion of consolidation synergies from its acquisition of debt-hit bank Wachovia under a loss-sharing deal brokered by the Federal Deposit Insurance Corporation (FDIC).

Bradford & Bingley axes 370 jobs; shuts processing centre

Troubled UK lender Bradford & Bingley (B&B) is axing 370 jobs - including 300 roles at a mortgage processing centre - as it looks to cut costs following the downturn in demand for mortgages.

Bradford & Bingley signs to SunGard Basel II Capital Manager

UK-based Bradford & Bingley has selected SunGard's Basel II Capital Manager as its technical platform for achieving compliance with the new capital adequacy rules and for ongoing retail and wholesale credit risk management.