Santander Acquires TSB in £2.65bn Deal, Sparking Job Loss Fears
In a major shake-up for UK banking, Santander TSB acquisition has been confirmed in a £2.65 billion deal. Santander UK announced it will fully acquire rival bank TSB from its Spanish parent, Banco Sabadell. The deal marks one of the biggest UK banking mergers in recent years—and has sparked widespread concerns over possible branch closures…