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Santander to buy TSB for £2.65B, ending TSB brand by late 2026.
Santander has agreed to buy TSB in a £2.65 billion deal set to close by late 2026, potentially ending the TSB brand as all customers are transferred to Santander.
The merger would create the UK’s third-largest bank, serving nearly 28 million customers, with no immediate changes expected.
Santander UK’s CEO said the TSB name is likely to be phased out, though details on future services remain unclear.
Customers will be informed as developments occur.
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Santander comprará TSB por £ 2.65B, poniendo fin a la marca TSB a finales de 2026.