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Woolwich and Countrywide Credit Industries are to set up a head office for their Global Home Loans mortgage service at the Crossways business park in Kent, creating up to 350 jobs.
Woolwich is seeking to recruit an additional 150 staff at its Firstplus financial call centre in Cardiff.
Woolwich is selling its 167 estate agency branches to Spicer McColl for £23m, in a deal that Winterthur Life is financing in order to boost its sales of house-related financial services.
Woolwich is to set up a call centre in Clacton-on-Sea that will offer advice on all its banking services, creating 400 jobs.