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$15 Billion European Bank Deal Expected
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| ONDON, July 25 - Banco Santander Central Hispano agreed on Sunday to buy Abbey National of Britain, in a mostly stock deal worth more than £8.5 billion ($15.6 billion), according to two executives close to the negotiations. |
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Jul 26, 2004 07:07:02 |
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 16 ( -2 -12.5% ) | | Author | New York Times |
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| Other author's news: | - Schwab Ousts Chief and Founder Returns - he Charles Schwab Corporation ousted its chief executive yesterday and said that its chairman and founder, Charles R. Schwab, would return as chief as the company tries to regain its footing in a shifting competitive landscape.
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- More Management Changes at Credit Suisse - Credit Suisse First Boston, the securities unit of the Credit Suisse Group of Zurich, replaced Adebayo O. Ogunlesi as head of investment banking with its president, Brian D. Finn, eight weeks after Brady W. Dougan was named chief executive.
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