The Abbey National entry hit all the right buttons for the judging panel who were impressed by the clarity of the legal department’s objectives and the way it demonstrated how these goals delivered valuable results for the company.
Abbey’s 15-strong legal team supports retail and corporate banking activity for most of Santander’s UK operations, which were recently extended to include the Alliance & Leicester and Bradford & Bingley (B&B). The acquisition of B&B was done over a weekend via a statutory instrument, making the deal unique of its kind.
