'We Like The UK' Says Santander CFO After £2.7 Billion TSB Takeover скачать в хорошем качестве

'We Like The UK' Says Santander CFO After £2.7 Billion TSB Takeover

Banco Santander SA agreed to buy Banco Sabadell SA’s UK unit for £2.65 billion ($3.64 billion), a deal that will make it the UK’s third-largest lender by some measures. The all-cash transaction will see the combined firm serve nearly 28 million customers in the UK, according to a statement by Santander. TSB has about 2% of the UK mortgage market and will also add £35 billion in customer deposits to the £181 billion that Santander UK held at the end of 2024. The enlarged firm would be the third-largest UK bank by personal current account balances and the fourth-largest by mortgages with a 12% market share, Santander said. That would cement its place as one of the UK’s largest lenders, alongside NatWest Group Plc, HSBC Holdings Plc, Barclays Plc and Lloyds Banking Group Plc. Banco Santander Chief Financial Officer Jose Garcia Cantera discusses the lender's decision to agree to buy Banco Sabadell SA's UK unit TSB on Bloomberg Television. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X:   / bloombergradio   Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts:    / bloombergpodcasts   Bloomberg Television:    / @markets   Bloomberg Originals:    / bloomberg   Quicktake:    / @bloombergquicktake