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flag Santander UK CEO Mike Regnier to step down by early 2026 amid TSB integration challenges.

flag Mike Regnier, CEO of Santander UK since 2022, will step down by early 2026, citing personal interests and the extended timeline for integrating TSB, which Santander acquired for £2.65 billion. flag The bank has begun searching for a new CEO to lead the ongoing merger, which could see the TSB brand phased out and more branches closed. flag Banco Santander’s share price rose 1.6% following the announcement.

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