Alliance & Leicester

Alliance & Leicester

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Alliance & Leicester is a former UK-based bank and PLC, which now operates as a trading name of Santander UK. Alliance & Leicester was legally acquired in May 2010 by Santander UK, and was expected to be fully incorporated by 2011. Formed in 1985 through a merger of the Alliance Building Society and the Leicester Building Society, Alliance & Leicester became a bank in 1997 when it was floated on the London Stock Exchange. It was formerly listed in the FTSE 250 Index, having been a FTSE 100 constituent from April 1997 to June 2008. The former building society was formed by the merger of the Alliance Building Society (originally based in and called the Brighton & Sussex) and the Leicester Building Society on 1 October 1985. In 1990, the society acquired Girobank, a major provider of cash-handling services to the government and large companies and current accounts, from the Post Office. With other large building societies such as Halifax and Woolwich, Alliance & Leicester decided to float on the London Stock Exchange, generating windfall payments to members worth up to 5,000 each. Flotation took place on 21 April 1997.show more

Product details

  • Paperback | 132 pages
  • 152 x 229 x 8mm | 204g
  • Anim Publishing
  • United States
  • English
  • 6134940755
  • 9786134940757