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flag Santander UK completes £3bn acquisition of TSB to become UK's third-largest bank.

flag Santander UK has completed its near £3 billion acquisition of TSB, creating the UK's third-largest bank for current accounts and fourth-largest for mortgages with nearly 28 million customers. flag The deal, which received regulatory approval, allows customers to continue using their accounts as usual. flag Santander expects to achieve at least £400 million in cost savings, marking the largest investment in the UK banking sector in over 15 years.

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