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TSB name could disappear from UK High Street in Santander deal

Source: BBC

The TSB name could disappear from British High Streets after its Spanish owner announced a sale of the lender to rival Santander.The £2.65bn deal still has to be agreed by the current owner Sabadell's shareholders, but if it does go ahead, Santander said it "intends to integrate TSB in the Santander UK group".The takeover would create Britain's third largest bank by share of personal current accounts.A Santander…

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