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Latest news with #UKbanking


Bloomberg
01-07-2025
- Business
- Bloomberg
Santander Agrees to Buy Sabadell's UK Unit TSB for £2.7 Billion
By and Jan-Henrik Foerster Save Banco Sabadell SA has agreed to sell its UK unit to Banco Santander SA for £2.65 billion ($3.63 billion), according to people familiar with the matter. Spokespeople for Sabadell and Santander declined to comment.


Bloomberg
23-06-2025
- Business
- Bloomberg
BBVA Chairman Urges ‘Clarity' on Sabadell's TSB Disposal Plan
BBVA SA Chairman Carlos Torres said he wants more clarity regarding the process for a potential sale of Banco Sabadell SA 's UK unit. 'Sabadell has spoken about unsolicited offers, and then there are reports about an ongoing process' he said at a conference Monday. 'It would be good for the information to be clarified.'