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Market Chatter: Barclays Interested in Acquiring Banco Sabadell's UK Retail Lender
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Market Chatter: Barclays Interested in Acquiring Banco Sabadell's UK Retail Lender
Jun 18, 2025 11:07 AM

01:52 PM EDT, 06/18/2025 (MT Newswires) -- Barclays ( BCS ) and Banco Santander (BAN) are among banks interested in buying Banco Sabadell's UK retail lender TSB, Bloomberg reported Wednesday, citing people familiar with the matter.

Sabadell confirmed it received interest from multiple banks for TSB, and the institutions are in the initial stages of exploring separate bids, the report said.

Deliberations are underway, and there is no certainty a deal will be reached, the report said.

Barclays ( BCS ), Santander and Sabadell declined to comment, Bloomberg said.

Barclays ( BCS ) didn't immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 17.66, Change: +0.16, Percent Change: +0.91

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