Santander has bought a majority stake in a UK fintech firm for £350 million as it looks to boost growth through new ventures.
The UK business of Santander took a major hit from the PPI mis-selling scandal as profits dipped in the first nine months of the year.
Santander has extended its deadline for submitting PPI claims amid complaints that its website was not working and people were being kept on hold on the phone for hours.
The competition watchdog has told Royal Bank of Scotland and Santander to fix their PPI processes, after finding failings by both banks in their communications with customers.
Banking giant Santander has revealed plans for further cost-cutting in the UK as part of a wider group target to save another 1.2 billion euros (£1.02 billion) a year.
Santander to shut branches in Brechin, Forfar, St Andrews and Kirkcaldy as bank announces 140 closures
Four local Santander branches are among 140 set to close.
Lochee’s struggling High Street is set to receive a boost – as a new tenant prepares to move in to the former Santander bank unit.
Mobile banking customers are being advised to update their apps after experts discovered a security flaw that left millions vulnerable to hackers.
A new credit union and community centre could help breathe new life into Lochee.
Fears were today raised that Superdrug could be the next firm to leave Lochee High Street.
Police Scotland have today released CCTV images of a man they wish to speak to in connection with their investigation into an incident on Lochee High Street in Dundee on Monday March 13.
Residents and businesses in Lochee are demanding urgent action to stop their high street from becoming a ghost town.
A major bank is set to close one of its two branches in Dundee after a “network review”.