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The acquisition will bolster the Spanish lender’s presence in the UK, with an inflow of approximately 5 million TSB customers ...
Santander might have hoped its takeover of TSB would make waves across the banking industry, but analysts have dubbed it a ...
Santander has reached an agreement to acquire the Sabadell-owned British high street lender TSB for £2.65bn. Read more.
Santander's plan to buy TSB for 2.65 billion pounds ($3.61 billion) and boost its position in the UK came together only a few ...
The TSB brand could vanish from UK high streets after rival Santander agreed to buy the lender for £2.65bn, amid fears the deal could lead to branch closures.
The TSB brand could vanish from UK high streets after rival Santander agreed to buy the lender for £2.65 billion, amid fears the deal could lead to branch closures. Sabadell, the Spanish owner of ...
Selling TSB Bank could weaken Sabadell's appeal as a merger target. The Spanish bank is expected to boost its returns to its shareholders, using the money it receives from Santander in the deal.
However, TSB Bank’s name and branding could disappear, as the Spanish lender intends to integrate TSB into the Santander UK group. Santander's chief executive Mike Regnier said to BBC, "We haven't ...