Abbey

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

A "sophisticated" fraudster who headed up a criminal gang has been jailed for seven years for defrauding high street banks out of almost £8m through multiple fraudulent mortgage applications.

Lowes Financial Management has appointed ex-Investec senior equity derivates structurer Sham Yapa as business development manager.

Abbey for Intermediaries has revealed plans to distribute all of its core retail financial products through brokers and confirmed its much-speculated entry into the buy-to-let sector.

Santander, Spain's biggest bank, is the sole remaining bidder for the 318 Williams & Glynn branches being offloaded by Royal Bank of Scotland.

Spanish banking giant Santander was suspicious of Bernard Madoff's activities as far back as 2006, internal documents show.

AT8 Group's Mark Loosmore on how Citywide Financial Partners is helping its clients meet their investment goals.

Britain has fewer bank branches per customer than almost any other leading nation, an investigation reveals.

Santander will rename 1,000 Abbey and Bradford & Bingley branches in January, with the total rising to 1,300 by the end of the year.

Nearly one in three mortgage deals on the market are currently broker-only as lenders continue to make a commitment to the intermediary market, research suggests.