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 ...
The Spanish parent firm of TSB has said it is considering the sale of the UK high street bank. Banco Sabadell, which is currently seeking to defend itself from being taken over by a major rival, said ...
TSB has announced its boss will be leaving the bank to become chief executive of its Spanish owner. Marc Armengol will step down to take up the new role at Sabadell. The move is set to coincide with ...
TSB did not properly assess the IT services company that led its migration to a new core banking platform, which contributed to its failure, a major report finds. The fact that the IT services ...
MADRID/LONDON, Feb 1 (Reuters) - TSB, the British lender owned by Spain's Sabadell SABE.MC, will cut jobs and close branches to improve its efficiency, the CEO of the Spanish bank told a press ...