Santander

Santander Asset Management UK has launched a range of multi-manager funds with an annual management charge of 40bps and a capped ongoing charge of 99bps.

The Financial Conduct Authority (FCA) has revealed that Barclays bank was the most complained firm in the first half of the year.

Santander has launched its first mortgages under the government's Help to Buy equity loan scheme.

Santander is to replace Abbey for Intermediaries with a new brand from Wednesday 17 July.

More than £10bn has now been returned to payment protection insurance (PPI) policyholders by the banks and building societies that mis-sold it to them, according to the latest figures from the Financial Conduct Authority (FCA).

Santander has confirmed it is "exploring the possibility" of the sale of a stake in its asset management division.

The Financial Conduct Authority (FCA) has reached an agreement with Santander UK that will see the bank contact over 270,000 mortgage customers about unclear information it gave before increasing the cap on its standard variable rate (SVR) in 2008.

Barclays bank has been named as the Financial Conduct Authority's (FCA's) most complained about firm for the second half of last year.

Ex-Schroders head of UK and European credit Adam Cordery has joined Santander Asset Management after exiting Schroders last July.

Santander has confirmed it has stopped offering investment advice to new customers resulting in the potential loss of 724 jobs.