Jump to content

Santander Bank - Shareholders

Green Goose

By Green Goose
in The Lounge

 Share

Recommended Posts

Green Goose

Green Goose

Posted
Posted

Many people will own Santander shares as a result of the take-over of Abbey National some years ago. So today's news that Santander has been leaned on to take over the failing Popular Bank is not good news.


This enforced take-over has come about as a result of a directive from Brussels (under their SRB policy) as a means of avoiding a state bailout. Even though this is a problem with a Spanish bank, the govt there cannot step in financially because of the EU. This is very similar to Lloyds being leaned on by Gordon Brown to take over HBOS and as we all know it put Lloyds under govt control in the end.


Existing shareholders of Santander will be faced with a cash call to the tune of ?6.1 Bn. More may needed to be raised later.


Just shows how all-pervading Brussels control can be. I sold my A.N. shares years ago so I just wish remaining Santander share owners in the UK the best of luck.

Link to comment
https://www.eastdulwichforum.co.uk/topic/155719-santander-bank-shareholders/
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share
Go to topic listing
  • Advertise Here

  • Latest Discussions

    • DGM-1986
      Car thefts Landells Road

      By DGM-1986 · Posted

      All jokes aside there is young kids constantly getting mugged in our area, there is masked bike riders going around armed with knife’s, all I’m saying is police resources could be better used, police wont use there resources to respond to car theft but will happily knock on someone’s door for hurtful comments on the internet which should have us all thinking 🤔 
    • malumbu
      Car thefts Landells Road

      By malumbu · Posted

      This is the real police, sorry a serious subject but couldn't help myself
    • Insuflo
      Car thefts Landells Road

      By Insuflo · Posted

      How exactly would “the real police” go about solving this crime? Talk me through the process. Are “the real police” uniformed? Or are only plainclothes detectives real enough? What rank of police would be real enough to investigate? Should they be armed? What would satisfy you?
    • stronk
      Plumber recommendation - A.F.E Plumbing Services

      By stronk · Posted

      Aria came recommended by friends and we found him very good. Unlike others, he communicates well, turns up when he says he will and gets things done to a good standard even when unexpected problems crop up. I have been left by other plumbers with half solutions before. Aria commits to a job and gets it done properly.

East Dulwich Forum

Established in 2006, we are an online community discussion forum for people who live, work in and visit SE22.

Home
Events
Sign In

Sign In



Or sign in with one of these services

Search
×
    Search In
×
×
  • Create New...