Santander

Santander has announced plans to close 111 branches across the UK due to the increasing shift to mobile and online banking.

Almost a third of Scottish SMEs intend to make the operational changes implemented during the coronavirus crisis a permanent fixture, according to new research from Santander. 

In the last two years, the Competition and Markets Authority (CMA) has secured more than £47 million in refunds for customers whose banks failed to properly warn them about unarranged overdraft charges.

Barclays and Santander have seen profits drop dramatically in the first quarter of 2020 as the two banks prepare for the economic difficulties stemming from the coronavirus pandemic. Profits at Barclays have dropped by 38% as its pre-tax profits for the three months to March stood at £913 mill

Santander announced last week that it will slash the interest rate it pays to customers for its 123 current account from 1.5% to 1%.

HSBC and Santander have agreed to refund customers after they both broke a legal order.

Santander has announced that it has developed a device which enabled blind people to experience football matches through their fingertips.

Property owners can now fix a mortgage for five years for less than 1.5%.

Santander's boss Ana Botin has insisted that Britain remains a "critically important market" to the bank despite its writedown of €1.5 billion.

A survey conducted by Which? has found that more than one-third of Scotland's bank branches have closed down within the last five years.

Lloyds Banking Group has purchased Tesco Bank's mortgage book for £3.5 billion. The purchase emerges after a ferocious price war which led Tesco to abandon the mortgage market. Lloyds successfully beat competing bids from rivals Santander and Royal Bank of Scotland. 

Nationwide and Santander provide the best student bank accounts, according to a survey by consumer website Which?.