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Santander CFO on Buying TSB, Banking Consolidation, BBVA's Bid for Sabadell
Bloomberg Television· 2025-07-02 07:26
This deal can be seen as quite an expression of confidence in the UK and the UK economy. A lot of businesses recently have been speaking out against recent tax rises on employing staff and various other measures. How optimistic are you feeling about the UK then as a result of this deal.Good morning and thank you for having me on on the programme again. We already have a very significant presence in the UK. It's our largest balance sheet in all of the countries we operate. We operate the largest balance shee ...
Banking: Santander Agrees to Buy Sabadell’s UK Unit TSB
Bloomberg Television· 2025-07-02 06:32
Start us then with the story around Santander TSB Tell us more about the deal and how significant this could be in terms of reshaping the UK's banking landscape. Yes, a significant deal in banking in the U.K., just another one in the finance space across Europe this year. Right.I mean, we've seen a lot of consolidation or potential consolidation moves in banking in different countries. And this is the last one, a very important one for Santander, because it emphasizes the importance of their growth strategy ...