The Financial Conduct Authority (FCA) is preparing to fine Santander UK in the region of £12.5m for faulty investment advice, according to reports.
Former Santander adviser Christopher Wathen has been handed an 11-year bankruptcy restriction after he was jailed for stealing clients' money and using it to fund his lifestyle and to gamble.
The cheapest UK equity income funds in the market are delivering much better long-term returns than some of their more expensive rivals, data compiled for Investment Week reveals
RBS finance director Nathan Bostock is to leave the bank to become deputy CEO at Santander UK.
Former Schroders head of rates David Scammell has joined Santander as a senior sovereign bond fund manager within its European fixed income team.
Santander Asset Management UK has launched a range of multi-manager funds with an annual management charge of 40bps and a capped ongoing charge of 99bps.