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Essay text:
Abbey National
Abbey is the sixth largest bank of the United Kingdom, with a leading position in the United Kingdom mortgage market, a well-built distribution network, an established brand and a wide portfolio of clients. In 2004, the bank was acquired by Banco Santander for EUR 15,6 billion and became a wholly-owned subsidiary of Grupo Santander.
The two main business divisions are ‘Personal Financial Services’ and the ‘Portfolio Business Unit’. The ‘Personal Financial Services’ consists of three components: the ‘UK Retail Banking’ which provides residential mortgages, savings products, personal banking services, travellers' cheques, foreign currency and general insurance...
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Common topics in this essay:
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