June 4, 2019 / 3:58 PM / 5 months ago

Spain's Banco Santander to cut about 200 jobs in UK business

LONDON, June 4 (Reuters) - Spain’s Banco Santander is to cut about 200 jobs in its British subsidiary as part of a reorganisation, it said on Tuesday, adding that the changes would affect the corporate and commercial banking division.

Tim Hinton, head of corporate and commercial banking at Santander UK, said the bank was announcing the changes after consultations with trade unions.

Reporting By Iain Withers, writing by Lawrence White

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