Watchdog plays down Abbey suitor fears

The City watchdog today played down reports that it had concerns about Abbey National suitor Banco Santander Central Hispano.

The City watchdog today played down reports that it had concerns about Abbey National suitor Banco Santander Central Hispano.

The Financial Services Authority confirmed that it was investigating the proposed takeover of the bank by the Madrid-based group, but insisted this was a “matter of routine”.

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