Santander UK completes near £3bn takeover of rival TSB

NAMPA / DPA

2026-05-01

London (PA Media/dpa) - Santander UK has completed its near £3 billion ($4 billion) takeover of smaller rival TSB. Spanish-owned Santander said the deal went through on Thursday after recently securing the green light from regulators in the UK and Europe. It will see the combined group become the UK's third-biggest bank for current accounts and fourth for mortgages, with nearly 28 million customers nationwide. Santander, which is owned by Banco S......

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