Santander announces that it has reached an agreement to acquire 100% of TSB Banking Group plc (TSB) from Banco de Sabadell, S.A. (Sabadell), with a valuation of £2.65 billion (approximately €3.1 billion) in an all-cash transaction.
From today (29 May 2025), new and existing Santander customers can nab themselves £180 when switching to eligible current accounts, including the bank’s fee free Everyday Current Account.