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UK Banking Group Opens 17,580-SF Office in Stamford

STAMFORD, CT-Abbey National Treasury Services PLC., a UK-based financial services firm, plans to open its first US branch office on Oct. 1 here in 17,580 sf of space at the former Champion Building at 400 Atlantic St.

By John Jordan | Updated on September 27, 2001

STAMFORD, CT-The United Kingdom’s sixth largest banking group–Abbey National Treasury Services PLC–plans to open its first branch office in the United States Monday at 400 Atlantic St.

The company will operate out of 17,580 sf of space on the second floor of 400 Atlantic St., the former Champion building. The lease was brokered by Cushman & Wakefield of Connecticut, which represented Abbey National Treasury Services and the building owner The Landis Group in the long term lease transaction. Cushman & Wakefield of Connecticut’s Steven Baker and Louis D’Avanzo of the firm’s downtown New York City office worked on the deal.

Abbey National Treasury Services reports it has been granted a license by the State of Connecticut Department of Banking and the Federal Reserve Board to open the Stamford branch. In addition, its US securities broker dealer subsidiary, Abbey National Securities Inc., has become a registered broker dealer in the United States and a member of the National Association of Securities Dealers Inc. Abbey National Securities will be operational in the fourth quarter of this year and will also be housed at 400 Atlantic St. The company expects to have between 30 to 50 employees at its Stamford office when it is fully operational.

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