Wednesday newspaper round-up: Santander, Tullett Prebon, M&A

One of the leading executives at the British division of Santander, the Spanish financial group, has quit the bank, complaining that its delayed stock market listing meant there was little point in him continuing to work there. Stephen Jones, the chief financial officer of Santander UK, said yesterday that he would leave the bank in October to reacquaint himself with his family after a disappointing four years with the lender, in which plans for a £10bn flotation were repeatedly delayed, putting off a potentially lucrative payout for senior managers. - The Times