This time it's my own bank, Alliance and Leicester, which is subject to a possible take over by Santander, if A&L shareholders agree by next month. click here
Santander already own the Abbey Bank and a struggling A&L will be merged under it's protective wing when and if the takeover takes place. It remains to be seen just how many job losses this merger will bring, but I rather think they could be fairly considerable in the current climate of the banking world. TC.
I would have thought this had to be refferred to the monopolies commision, but nothing has been mentioned, just changed to A&L six months ago, looks like I could be moving again, watchdog reported that after the abbey takeover a lot of customers could not get their money out via atm's, certainly A&L customers will not benefit from the takeover. There was a report that after the abbey takeover a lot of people had their mortagage renewals refused, and the same was likely to happen with A&L