Bidders for the bank could include NatWest, Barclays and Santander UK (Gareth Fuller/PA)The lender posted pre-tax profits of £101.3 million for the first quarter, up from £53.4 million a year ago. The Financial Times reported that potential bidders for TSB could include Barclays, NatWest, Santander UK and HSBC. The potential disposal comes as Sabadell seeks to rebuff a potential hostile takeover by Spanish rival BBVA. The potential sale of TSB is the latest in a flurry of recent dealmaking moves in the UK banking sector. Meanwhile, Santander has reported pushed back bids from NatWest and Barclays to buy its UK retail bank.


Source:   The Times
June 17, 2025 07:20 UTC