TSB was put up for sale by its Spanish owner Sabadell – which bought TSB in 2015 for £1.7billion – as it battles to fend off a hostile takeover approach by another Spanish bank, BBVA. The deal would ...

Santander UK has acquired high street bank TSB in a landmark £2.9bn deal that will significantly beef up the lender’s market share. The bank’s bid for an all-cash takeover from its Spanish peer Banco ...

Sabadell says will assess any potential binding offer Bank says any transaction would meet all legal obligations June 16 (Reuters) - Spain's Sabadell (SABE.MC), opens new tab on Monday said it had ...

MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to Santander, which analysts see as a defensive move against BBVA's hostile takeover ...

Agrees to buy Sabadell's TSB for at least 2.65 bln pounds Deal could rise to 2.9 bln pounds by end Q1 2026 Santander to become 3rd largest UK bank by accounts Sale seen as defensive for Sabadell to ...

NatWest Group Plc would be the best suitor for Banco Sabadell SA’s British unit TSB as it would increase its market share in mortgages, according to an RBC Capital Markets analyst. “We think that ...

Paul J. Davies is a Bloomberg Opinion columnist covering banking and finance. Previously, he was a reporter for the Wall Street Journal and the Financial Times. Judged by the share prices, Banco de ...

Santander’s proposed acquisition of TSB would require customer accounts to be migrated from the in-house developed system of its current owner to that of its acquirer, just a few years after the dust ...