AL.

"With the prospect of a bid from Santander, the Spanish owner of Abbey, now greatly reduced, the view in the market is that A&L does not deserve to trade on a multiple of more than one times book value. A&L shares closed 3.9 per cent higher at 545½p."

http://www.ft.com/cms/s/0/1f4566b2-ddf8-11dc-9de3-0000779fd2ac.html