Santander rushes guidance to managers as it reviews its future in UK
by Kalyeena Makortoff Banking correspondent from World news | The Guardian on (#6TPFG)
Bank is considering sale of British business amid mounting frustrations over regulation
Santander has rushed out a note to senior managers after it emerged that the lender's Spanish owner is reviewing the future of its UK business amid mounting frustrations over regulation.
The chief executive of Santander's UK corporate and commercial bank, John Baldwin, sent out a memo outlining how to respond to clients and its 21,000 UK staff, who have been rattled by news that the bank could be put up for sale.
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