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Banco Sabadell, which is currently seeking to defend itself from being taken over by a major rival, said it will weigh up any potential offers for TSB.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The chair of Spanish lender BBVA told his counterpart at Banco Sabadell that it had “no room” to ...

On June 18, Santander approached Banco Sabadell, which is Spain’s fourth-largest bank, regarding a potential takeover of its UK retail arm called TSB.