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Santander seeks to split motor finance business from UK unit

Santander UK Plc reported a hit of £295 million

Bloomberg NewsbyBloomberg News
April 22, 2025
in Risk Management
Reading Time: 2 mins read
0

Banco Santander SA is planning to reorganize its UK operations in a move that would split off a unit hit by litigation, according to people familiar with the matter. The Spanish bank is seeking to get regulatory approval to shift the consumer finance business out of its Santander UK Plc subsidiary, the people said, asking […]

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