All the updated news related to mike regnier

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City

Santander sees profits boosted but prepares for cost-of-living loan hit

High demand for mortgage lending has helped boost profits for Santander, but the UK banking giant set aside more than £100 million to cover loan defaults amid the cost-of-living crisis. The Spanish-owned bank reported that its profit before tax ...

28 Jul 2022 at 13:42

City

Santander warns over stalling mortgage market and weaker consumer spending

Santander UK has recorded a jump in its profits and income despite warning over a weaker housing market and inflation continuing to hit householders who face “difficult decisions” in the months ahead. The bank made a pre-tax profit of £547 ...

25 Apr 2023 at 09:53

City

Santander UK profits rise, but bank sees more borrowers under stress

Santander UK has notched up a rise in annual profits after being boosted by higher interest rates, but flagged rising numbers of borrowers falling behind with repayments. The Spanish-owned bank said it is seeing a “modest” increase in ...

31 Jan 2024 at 11:34

City

Santander braces for 10% plunge in house prices and rising borrower defaults

High street lender Santander has warned house prices are set to tumble back to 2021 levels, and set aside more cash for bad debts as it braces itself for a possible rise in borrowers falling behind with repayments. The Spanish-owned ...

02 Feb 2023 at 15:25

City

Santander boosted by interest rate hikes but braces for mortgage hit

Banking giant Santander has seen its profits boosted by higher interest returns but cautioned that rates could peak at 6% in 2024 if inflation remains stubbornly high. The Spanish retail bank reported pre-tax profits of £1.5 ...

26 Oct 2022 at 11:59

City

Santander UK’s chief to step down ahead of TSB merger

Santander has announced its UK chief executive Mike Regnier will be leaving the bank to hand over the reins ahead of its major merger with TSB. Mr Regnier said he wants to pursue “other interests” so it is the right time to ...

03 Oct 2025 at 12:04

City

Banco Santander executive to take top job at UK bank ahead of TSB merger

High street lending giant Santander has appointed an executive at its Spanish owner to take the helm of the UK business ahead of its merger with smaller rival TSB. Mahesh Aditya, who is currently group chief risk officer ...

30 Jan 2026 at 12:07

City

Santander to cut costs further as profits rise despite another motor finance hit

Santander UK has revealed a hike in annual profits despite putting by another £183 million to cover costs of the motor finance mis-selling scandal and warned over cost-cutting in the year ahead. The Spanish-owned ...

04 Feb 2026 at 09:10

City

Millions could get motor finance compensation in 2026 under plans due this month

Millions of people mis-sold car loans could receive compensation this year under plans to set out final rules for a redress scheme later this month, the City watchdog has said. The Financial Conduct Authority ...

04 Mar 2026 at 08:25

City

Millions face longer wait for payouts under motor finance redress scheme plans

Millions of people mis-sold car loans will have to wait longer for compensation payouts after the City watchdog revealed plans to give lenders more time to prepare for its redress scheme. The Financial ...

04 Mar 2026 at 15:55

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