The story
The company was established in 1989 and had grown to hold over £3 billion in deposits before it was purchased by Abbey National, the UK subsidiary of the Santander Group as part of the deals surrounding UK Government nationalisation of Bradford & Bingley plc, along with the UK savings business.
In October 2009 it was announced that both Bradford & Bingley International and Alliance & Leicester International had made two appointments of the same people to their boards and both banks were moved into the wealth management division of Santander UK. Abbey International, also part of the group, was renamed Santander Private Banking in 2011.
Bradford & Bingley International was merged into Alliance & Leicester International on 5 August 2011 in advance of the expiration of a trademark licence on the Bradford & Bingley name and image in September 2011.
From Wikipedia’s article on Bradford & Bingley International, shared under CC BY-SA 4.0.4