Santander has become the latest bank to set a single overdraft rate of 40%.
With just weeks to go before the PPI claims deadline on August 29th, Santander has added another £70 million to its PPI compensation pot.
With just months to go before the PPI claims deadline in August, Santander has revealed that it has £246 million remaining in its contingency fund to pay future successful claims.
Spanish-owned bank Santander has announced the closure of 140 of its UK branches, putting 1,270 jobs at risk.
Britain’s financial regulator has fined Santander £32.8 million for failings in its ‘flawed’ probate and bereavement services.
The Treasury are preparing to sell off the remaining Bradford & Bingley mortgages to try to recover the last portion of the £20 billion bailout cost from the financial crash of 2008.