Twitter icon Email alerts icon Latest News RSS icon Magazine icon Stay connected:

View the article online at

Santander puts float on ice

by Alex Steger on Jan 31, 2014 at 08:18

Santander puts float on ice

Santander UK’s long awaited float has been delayed due to regulatory indecision over capital and leverage ratios, according to the Daily Telegraph.

The paper said Santander was awaiting clarity from UK and European regulators over capital and ratio levels, which was expected at the end of 2014, as well as the outcome of ring-fencing.

The Daily Mail reported that a float was now unlikely until 2015.

Santander UK’s pre-tax profits for 2013 were up 5% to £921 million. The bank said it had attracted 232,000 new current account customers from rivals.

leave a comment

Please sign in here or register here to comment. It is free to register and only takes a minute or two.

News sponsored by:

Sponsored Video: Bringing it all back home

As the UK coalition government strives to rebalance the national economy, so called 'reshoring' looks set to play an increasingly important role in economic recovery.

Today's top headlines

Investing for income in a changing environment

With talk on interest rates on the horizon, our latest roundtable debate covers income investing against a changing backdrop

More about this:

What others are saying


On the road

Click here to find out more from the Audience Development team.

Sorry, this link is not
quite ready yet