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Computer glitch at Santander hits Alliance & Leicester customers.

Global Banking News-12 August 2010-Computer glitch at Santander hits Alliance & Leicester customers(C)2010 ENPublishing -

Global Banking News - 12 August 2010(c)2005 - Electronic News Publishing -

Computer-processing problems have led to Alliance & Leicester customers not being able to access their bank accounts online.

Banco Santander (SAN.MC), which acquired Alliance and Leicester in 2008, is in the process of integrating the unit with its other UK-based units, Abbey and Bradford & Bingley. The recent problems arose after the bank started upgrading the accounts of five million customers. The Spanish bank is looking to put all customers of Alliance and Leicester under its own computer platform, and is planning to complete the integration process by November.

Banco Santander had last week bought 318 branches from Royal Bank of Scotland (RBS) (LSE: RBS).

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Publication:Global Banking News (GBN)
Date:Aug 12, 2010
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