Santander in £2.65bn swoop for TSB from Sabadell

Santander has reached an agreement to acquire TSB Banking Group plc from Banco de Sabadell for £2.65bn in cash. UK retail bank TSB has a nationwide network of 175 branches and outlets, and a growing digital presence. It serves approximately 5m customers, primarily in the personal and small business segments, with £34bn in mortgages – … Continue reading Santander in £2.65bn swoop for TSB from Sabadell