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bank merger

  • Santander UK boss: Government must overrule FCA on motor finance

    October 29, 2025

    Santander UK has said it will delay its third-quarter earnings report due to “uncertainty” following the financial watchdog’s motor finance redress scheme. The Spanish banking giant was due to publish its financial report for the third-quarter on Wednesday but has put it on hold “pending greater clarity regarding the [Financial Conduct Authority]’s proposals”. The bank’s [...]

  • Co-op Bank says transformation plan ‘materially complete’ ahead of agreed £780m Coventry merger

    May 2, 2024

    The Co-operative Bank has said its multi-year transformation plan is "materially complete" as the lender progresses with an agreed £780m takeover by Coventry Building Society.

  • BBVA approaches TSB owner over £60bn Spanish bank merger

    April 30, 2024

    Banco Bilbao Vizcaya Argentaria (BBVA), the second-largest bank in Spain, has approached smaller domestic rival Banco Sabadell over a merger that could create a group worth roughly €70bn (£60bn).

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