Is Banco Santander SA’s UK Division Guilty Of Bait And Switch Tactics?

Santander’s (LSE: BNC) UK division has been contributing mightily to profits at the Spanish banking behemoth — not that it has been enough to stop its share price slumping by one-third in 2015 alone. Will tampering with the popular Santander 1-2-3 Account make matters worse for shareholders?

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Owain Bennallack owns shares in Santander. The Motley Fool UK has no position in any of the shares mentioned. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.