Abbey National Company Description
There's little of the monastic about Abbey. The bank's focus on worldly things has helped make it one of the UK's biggest mortgage lenders. Although best known for its home loans and savings accounts, Abbey offers services to rival the biggest UK banks (Barclays, HSBC, and Royal Bank of Scotland). The company provides retail banking for consumers and businesses, wealth management, and brokerage services. Its operations include wealth management units James Hay (pension plan administration) and Cater Allen (private banking), as well as Internet bank cahoot. Abbey has more than 1,300 branches throughout the UK. Spain's Banco Santander acquired the company in 2004. Abbey will be rebranded as Santander by 2010.
View the Comprehensive Company Description for Abbey National
The Company Description provides a historical perspective of Abbey National's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Abbey National's evolution in the marketplace.
