Barclays buys Standard Life for €246m

Barclays today agreed to buy the banking business of insurer Standard Life for £226m (€246m).

Mon, 26 Oct, 2009 - 13:58

Barclays today agreed to buy the banking business of insurer Standard Life for £226m (€246m).

The banking giant currently has around 15 million retail banking customers in the UK. It will take on another 350,000 through the deal along with Standard Life’s £5.5bn (€5.99bn) savings book.

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CourtsBusinessHeathrowPlace: UKPerson: Frits SeegersOrganisation: BarclaysOrganisation: Standard LifeOrganisation: Barclays’
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