Full capital protection for Cater Allen's structured products

Private bank Cater Allen has ridden the convulsions of the financial crisis by continuing to prioritise safety and simplicity in its products, while its link to parent Santander helps deliver peace of mind to investors. Vita Millers talks to Jonathan Banks, structured products manager at Cater Allen in London

jonathan-banks
Jonathan Banks

While French bank Société Générale benefited from buying the quintessentially English Hambros Bank, boosting its British credentials in the process, Cater Allen is another English name that is now allied to a large foreign bank - in this case, the UK division of Spain's Santander, which acts as the sole counterparty for Cater Allen's products.

"Being a wholly owned subsidiary of Santander UK is a big advantage," says Jonathan Banks, structured products manager at Cater Allen in London. "It

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