Conquistador rebrands vanquished British banks
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Right: Santander's conquistadors model their new UK staff uniforms
While traditionalists will mourn the passing of these great High Street names, shareholders may feel less disappointment if any savings through brand rationalisation are passed on to them in the form of higher dividends. They weren't real banks in most consumers' minds anyway -- just souped-up building societies where British savers could spend many happy hours engaging in their favourite pastime: queuing.