Another Article
Money Marketing – 26 October 2009 | By Helen Pow.
Under the terms of the transaction, Barclays will acquire a savings book of approximately £5.5bn, as at June 30, 2009, and a mortgage book with outstanding balances of approximately £8.8bn, as at June 30, 2009, with an average indexed loan to value ratio of 48 per cent. On completion, approximately 270 Standard Life employees will transfer to Barclays.
