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Britain's Co-op bank confirms TSB approach

Britain's Co-op bank confirms TSB approach
Britain's Co-op bank confirms TSB approach   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">LONDON</span> – Britain’s Co-operative Bank confirmed on Monday that it expressed interest in potentially buying <span class="caps">TSB</span> from Spanish lender Banco de Sabadell. </p> <p>The bank said that it sent a letter to Banco de Sabadell but that no discussions are currently taking place between the two banks. </p> <p>Sabadell said on Saturday its board has rejected an offer from Co-operative Bank for its British subsidiary, after Sky News first reported about the approach.</p> <p/> </div>