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Alliance & Leicester

Alliance & Leicester Plc was established by the merger of Alliance Building Society and the Leicester Building Society in 1985. The company was later demutualised in 1997 when it was floated on the London Stock Exchange.

During the financial crisis, Alliance & Leicester ran into some difficulty. As a result, the bank was acquired by the Santander Group in 2008, then transferring its business to Santander UK Plc in 2010.

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