The Bankwatch

Tracking the consumer evolution of financial services

Santander is officially a world leader

If any of us require an example of an effective modern bank, Santander and Spanish Banks in general are terrific examples. To eliminate duplication, and centralise functions is always a good thing in achieving better customer results.

Finextra: Santander to seek £65 million IT savings in A&L takeover

Spain’s Banco Santander expects to save £180 million a year from cutting jobs and centralising IT systems as it merges the UK’s Abbey with newly-acquired high street rival Alliance & Leicester.

Written by Colin Henderson

July 14, 2008 at 21:55

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