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MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its British unit TSB to Santander, ...
MADRID (Reuters) -Sabadell shareholders on Wednesday unanimously approved the sale of its TSB business in Britain to ...
A MAJOR bank with five million customers could vanish after its sale to Spanish rival. TSB is set to be taken over by Spanish ...
Sabadell shareholders approve £2.65bn cash sale of TSB to Santander, raising concerns over the future of the historic high ...
Spain's Santander on Tuesday said it had reached an agreement to acquire smaller rival Sabadell's British unit TSB for initially 2.65 billion pounds ($3.64 billion) in an all-cash deal, subject to ...
BBVA has decided to maintain its takeover offer for Banco Sabadell despite investor backing for the rival's decision to sell ...
Sabadell acquired TSB in 2015 for £1.7 billion. Since then, TSB has expanded its loan book from £26.4 billion to £36.4 billion, reduced its cost-income ratio from 80% to 67%, and improved its ...
The Catalan lender aims for a return on tangible equity of 16% by 2027, from 15.3% at the end of June this year.
Sabadell's CEO said he expected shareholders to approve both TSB's sale and an extraordinary 2.5 billion euro cash distribution on August 6, but would comply with guidance from the Spanish stock ...
TSB reported net income of £138 million ($175.4 million) in the first nine months of this year, a drop of about 10% on the same period in 2023, according to Sabadell’s last earnings statement.
Banco de Sabadell said it received non-binding expressions of interest for the acquisition of its U.K. unit TSB Banking Group. The Spanish lender late Monday said it would assess any potential ...
MADRID, Sept 19 (Reuters) - Banco Sabadell SABE.MC is not interested in selling British unit TSB, top executives at the Spanish lender said on Monday, following a press report about a potential bid.