# Britain’s Co-op bank confirms TSB approach
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2021-10-25
Category: BUSINESS
Category URL: https://financedigest.com/category/business
Meta Title: Co-operative Bank expresses interest in buying TSB from
Meta Description: Co-operative Bank has shown interest in acquiring TSB from Sabadell, although no discussions are currently taking place between the two banks. Sabadell's
URL: https://financedigest.com/britains-co-op-bank-confirms-tsb-approachhtml

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LONDON (Reuters) – Britain’s Co-operative Bank confirmed on Monday that it expressed interest in potentially buying TSB from Spanish lender Banco de Sabadell.

The bank said that it sent a letter to Banco de Sabadell but that no discussions are currently taking place between the two banks.

Sabadell said on Saturday its board has rejected an offer from Co-operative Bank for its British subsidiary, after Sky News first reported about the approach.

(Reporting by Abhinav Ramnarayan; Editing by Rachel Armstrong)


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