AN EMERGING INTERNATIONAL BANK: SABADELL BUYS TSB FOR £1.7 BN

Spanish institution Banco Sabadell (SAB.MC) agrees to pay £1.7 bn for TSB (TSB.L), Britain's seventh biggest lender with 631 branches and 4.3% market share, in one of the biggest cross-border banking deals since the financial crisis. Formally announced on March 12, the deal was also welcomed by the UK Treasury as “a vote of confidence … Continue reading AN EMERGING INTERNATIONAL BANK: SABADELL BUYS TSB FOR £1.7 BN