01:48 PM EST, 02/13/2025 (MT Newswires) -- (Updates with Santander's response.)

Banco Santander (SAN) discussed a potential sale of its UK retail business with NatWest ( NWG ) , the Financial Times reported Thursday, citing people familiar with the matter.

"Santander UK ( STNDF ) is not for sale," a Santander spokesperson told MT Newswires. The UK business is a core part of its business model and the company will continue to leverage its scale and potential upside in the future, the spokesperson added.

(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.)

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