Santander and Barclays in the last race to get the TSB Bank


Banco Santander and Barclays, Banco Sabadell’s British section, TSB, citing the sources of Bloomberg.

Sabadell can choose a bank for negotiations, although a contract is not guaranteed.

There were no representatives of the participating parties.

Sabadell CEO Gonzalez-Bueno said that a sales “not a poison pill” and only “meaning” in the 24th decision, he will only be “meaning”.

Potential sales, as the Spanish authorities, coincide with the offer of 11 billion euros for Sabadell by BBAll At least three years gave the waiting period to unite their operations.

Spanish government, BBVA and Sabadell, aiming to protect their workplaces and maintain financial stability, claimed that there has been a separate legal entity with independent management for at least three years.

A TSB sales may restrict BBVA’s access to the main asset, reported.

In 2015, the TSB received by Sabadell from Lloyds Banking Group, £ 75 million and 5 million British customers in 2024 in 2024, £ 46.1BN.

Before Sources were referred to The Financial Times said that a sale could vary the TSB between 1.7bn and £ 2 billion.

Barclays are aimed at strengthening British operations as part of a larger structure to increase the development of rising as a recent Kensington mortgage Tesco Bank.

Meanwhile, Santander closes a bit of Britain’s branches and reduces their work to increase performance.

“Santander and Barclays in the last race to obtain a TSB bank” was originally created and published Retail Banker InternationalA global brand.


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