Santander is to buy TSB for £2.9bn, creating the UK’s third biggest bank, in a move that threatens to wipe out one of the UK’s oldest banking brands from the High Street. Santander said it “intends to ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. The offloading of TSB comes as the Spanish bank seeks off a ...

A major high street bank could vanish from UK high streets after Santander agreed to buy it for £2,650,000,000. TSB, which was previously part of Lloyds, has around 175 branches in the UK and ...

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 ...

MADRID/LONDON, July 3 (Reuters) - Santander's (SAN.MC), opens new tab plan to buy TSB for 2.65 billion pounds ($3.61 billion) and boost its position in the UK came together only a few weeks ago, after ...

Add Yahoo as a preferred source to see more of our stories on Google. In a game-changing £2.9bn transaction, Santander UK has snapped up high street banking player TSB, a move that's set to ...

LONDON — An IT crash at Britain’s TSB bank that locked out nearly 2 million customers and halved parent Sabadell’s profits last year was caused by moving to a new banking platform before it had been ...